Apple Is Giving Intel’s Turnaround Some Momentum
One of the reasons the investment has so far proved so sound is that the White House has made sure of it. According to The Wall Street Journal, Commerce Secretary Howard Lutnick personally pushed deals on Intel’s behalf with some of the most lucrative clients you could think of. They include Nvidia Corp., the company at the heart of the AI revolution; SpaceX, which would like to be; and now, reportedly, Apple Inc. — a crown jewel client that would be the firmest stamp of approval yet on the Intel turnaround project.
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