Apollo Global Management has reportedly offered to make a multibillion-dollar investment in Intel in a move that would be a vote of confidence in the chipmaker’s turnaround strategy.

Apollo Global Management is in talks to invest up to $5 billion into Intel, Bloomberg reports.The chipmaker is considering the offer, but no deal has been

:U.S.-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.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, citin

Apollo Global Management has offered to make an investment in Intel of up to $5 billion, reports Bloomberg.

Apollo has indicated in recent days that it would be willing to make an equity-like investment of up to $5 billion in Intel, reports Bloomberg, citing one...

Intel shares surged Monday following reports Apollo Global Management offered to invest as much as $5 billion in the chipmaker, and Qualcomm approached it about an acquisition.