Intel to Repurchase Irish Chip Factory Stake from Apollo for $14.2 Billion

Intel has agreed to repurchase its 49% stake in its Ireland-based microchip factory from Apollo Global Management for $14.2 billion, a 27% premium to the $11.2 billion Apollo paid for the stake in 2024. The deal marks a significant payday for Apollo and highlights Intel's efforts to regain control of its manufacturing operations.