<p>US-based asset management company Apollo Global Management has offered to make an investment of as much as $5 billion in Intel, Bloomberg News reported on Sunday.</p><p>Apollo has indicated in recent days it would be willing to make an equity-like investment of billions of dollars in Intel, the report said, citing a person familiar with the matter.</p><p>The news comes at a moment of weakness for Intel, which was once the most valuable chipmaker in the world, but whose shares have lost nearly 60% of their value since the start of the year.</p><p>Intel executives have been weighing Apollo’s proposal, Bloomberg reported, adding that talks regarding the deal are in a preliminary stage and have not been finalized.</p><p><em>Bloomberg</em> said that the size of the potential investment in Intel could change and discussions regarding a deal could also fall through.</p>.Qualcomm asked chip rival Intel if it would consider a sale.<p>Apollo and Intel did not immediately respond to a Reuters' request for comment.</p><p>Earlier this year, Apollo said it will acquire a 49% equity interest in a joint venture related to Intel's new manufacturing facility in Ireland for $11 billion.</p><p>The development for an investment in Intel comes soon after Qualcomm has in recent days approached Intel to explore a potential acquisition of the troubled chipmaker in what could be a transformational deal in the sector but faces many hurdles.</p><p>Qualcomm CEO Cristiano Amon is personally involved in the negotiations to acquire five-decade-old Intel, which at present is an early stage, Reuters reported on Friday citing a source who was briefed on the matter.</p><p>Previously, Qualcomm has also explored acquiring pieces of Intel's chip design business.</p>
<p>US-based asset management company Apollo Global Management has offered to make an investment of as much as $5 billion in Intel, Bloomberg News reported on Sunday.</p><p>Apollo has indicated in recent days it would be willing to make an equity-like investment of billions of dollars in Intel, the report said, citing a person familiar with the matter.</p><p>The news comes at a moment of weakness for Intel, which was once the most valuable chipmaker in the world, but whose shares have lost nearly 60% of their value since the start of the year.</p><p>Intel executives have been weighing Apollo’s proposal, Bloomberg reported, adding that talks regarding the deal are in a preliminary stage and have not been finalized.</p><p><em>Bloomberg</em> said that the size of the potential investment in Intel could change and discussions regarding a deal could also fall through.</p>.Qualcomm asked chip rival Intel if it would consider a sale.<p>Apollo and Intel did not immediately respond to a Reuters' request for comment.</p><p>Earlier this year, Apollo said it will acquire a 49% equity interest in a joint venture related to Intel's new manufacturing facility in Ireland for $11 billion.</p><p>The development for an investment in Intel comes soon after Qualcomm has in recent days approached Intel to explore a potential acquisition of the troubled chipmaker in what could be a transformational deal in the sector but faces many hurdles.</p><p>Qualcomm CEO Cristiano Amon is personally involved in the negotiations to acquire five-decade-old Intel, which at present is an early stage, Reuters reported on Friday citing a source who was briefed on the matter.</p><p>Previously, Qualcomm has also explored acquiring pieces of Intel's chip design business.</p>