Apollo, KKR, Stonepeak Weigh Investing Billions in Intel Chip JV

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(Bloomberg) -- Apollo Global Management Inc., KKR & Co. and Stonepeak may inject billions of dollars into a joint venture that will help fund Intel Corp.’s...

-- Apollo Global Management Inc., KKR & Co. and Stonepeak may inject billions of dollars into a joint venture that will help fund Intel Corp.’s semiconductor fabrication facility in Ireland, according to people with knowledge of the matter.Javier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldBillionaire Stephen Ross Believes in South Florida—and Is Spending Big to Transform It

Any pact with Apollo would follow a 2022 transaction in which Brookfield Infrastructure Partners agreed to invest as much as $15 billion for a 49% stake in Intel’s manufacturing expansion at its Ocotillo campus in Chandler, Arizona.Caught Between the US and China, a Powerful AI Upstart Chooses SidesMomentum is underway for these two Canadian stocks, and yet both still trade at share prices that are quite low given their future growth.

Baron, whose largest position is in Tesla, is betting the new shift in strategy for Tesla’s low-cost car will fill its increasingly empty factories.Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...Energy prices have soared higher than expected. That is a big plus for Canadian energy stocks. Here are three great buys right now.

Joint Venture Apollo Global Management Bloomberg News Stonepeak KKR & Co. KKR

 

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