HomeBussinessIntel nears €11bn deal for Irish chip manufacturing plant

Intel nears €11bn deal for Irish chip manufacturing plant

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The Wall Street Journal has reported that the tech giant is in discussions about the deal with Apollo Global Management

Intel is in advanced talks with Apollo Global Management over a deal that would have the investment firm providing more than $11 billion in funding for a chip manufacturing plant in Ireland, the Wall Street Journal has reported.

The two companies are in exclusive talks and could reach an agreement in the coming weeks, the newspaper said, citing people familiar with the discussions who it didn’t identify.

The potential partnership comes as superpowers around the …

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