$1B Intel investor says chipmaker must try to win back Apple’s business

An Intel investor with a billion dollar stake in the chipmaker says that it needs to make drastic changes to address its changed fortunes – including attempting to win back Apple as a client.

Intel stock had fallen 21% over the course of 2020 before the 10-figure investment by hedge fund Third Point, which is pushing for fundamental change in the company …

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The post $1B Intel investor says chipmaker must try to win back Apple’s business appeared first on 9to5Mac.

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