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

Wednesday June 5, 2024. 03:30 PM , from TheRegister
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.…
https://go.theregister.com/feed/www.theregister.com/2024/06/05/intel_gets_11b_from_apollo/

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