New Delhi: Intel has reached out to Apple about a possible investment in the chipmaker, according to people familiar with the matter. The move is part of Intel’s effort to stabilize its business after a series of setbacks and increasing government involvement in its future.

Bloomberg reported that the talks are still in early stages and may not lead to a deal. Intel’s stock rose 6.4 percent in New York trading after the news, while Apple shares closed slightly lower. The discussions also include potential ways for the two companies to work more closely together, people cited in the report said.

Apple link back on the table

Apple and Intel share a long, sometimes complicated history. Macs once ran exclusively on Intel processors, but Apple shifted to its own silicon in 2020. That move w

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