Intel gets $11B from Apollo for joint venture at Irish chip fab

The Register
Jun 5, 2024, 9:30 am135 pts
Frees up some of the cash Chipzilla's already sunk into Fab 34 Intel is to pocket $11 billion from private equity biz Apollo Global Management in exchange for 49 percent of a joint venture that will effectively run Intel's fabrication plant in Ireland.…

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