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businesspress > Blog > News > Is Intel Being Acquired by Apple? There are Rumours of a Deal
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Is Intel Being Acquired by Apple? There are Rumours of a Deal

BusinessPress
Last updated: November 2, 2024 2:45 pm
BusinessPress
Published November 2, 2024
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The tech behemoth Apple may be considering a strategic acquisition of Intel, according to resurrected takeover rumours. This comes from the “Moore’s Law is Dead” YouTube channel, where Tom S has written about “whispers” that Apple may buy Intel. According to him, Samsung is also considering purchasing or joining forces with Intel, a chip manufacturer.

This claim implies a full-scale takeover of the company, even though Apple had already purchased Intel’s modem branch in 2019. In his video, YouTuber Tom reaffirmed that these are merely rumours.

Since 2020, the tech giant has switched to its own silicon chips, replacing the Intel chips that powered its potent Mac laptops. Numerous Apple products, such as the iPhone, iPad, Apple TV, Apple Watch, AirPods, AirTag, HomePod, and more, use silicon chips made by Apple that are based on the ARM architecture.

On October 31, the Silicon Valley corporation said that its third-quarter loss of $16.6 billion was the largest in its 56-year history. This loss was caused by a $2.8 billion restructuring charge and $15.9 billion in charges to reflect reduced asset valuations.

The company was unaware of the AI boom. While Intel, the former semiconductor superpower, is struggling and not benefiting from the AI revolution, Nvidia is currently the undisputed AI chip king and one of the most valuable companies in the world.

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