Intel and Apple: A Deal in the Making?
Wall Street Breakfast
Seeking Alpha
3.8 • 950 Ratings
🗓️ 25 September 2025
⏱️ 7 minutes
🧾️ Download transcript
Summary
Episode transcripts seekingalpha.com/wsb.
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | Thanks so much for joining us on this Thursday, September 25th. I'm Julie Morgan. Intel reportedly reaches out to Apple. |
| 0:17.0 | Fermi plans its debut, and European auto sales favor BYD over Tesla. |
| 0:24.1 | Intel has allegedly approached Apple to consider investing in the company. |
| 0:28.6 | According to Bloomberg, Apple and Intel have also discussed fostering a closer relationship. |
| 0:34.4 | The report cites people familiar with the conversation. |
| 0:39.0 | However, the talks are reportedly in a very early stage and may not materialize into action. Intel jumped 6.4% by the close of market |
| 0:46.6 | trading on Wednesday. INTC is up 3.4% in pre-market action. Intel CEO has helped the company secure a flurry of massive investments |
| 0:57.6 | recently. This includes a $2 billion investment by Japan's soft bank, a 10% stake by the U.S. |
| 1:05.1 | government, and most recently, NVIDIA's $5 billion investment. Apple at one time was a major customer for Intel. |
| 1:13.5 | It began using Intel microprocessors in its Mac computers back in 2006. However, in 2020, |
| 1:21.8 | Apple started to transition away from Intel. The transition was complete by 2023. |
| 1:31.3 | Data Center Reed Fermi announced on Wednesday the launch of a road show for its proposed IPO. The IPO is for 25 million shares expected to be |
| 1:38.1 | priced between 18 and 22 bucks a share. Fermi was co-founded by the former U.S. Energy Secretary Rick Perry and the co-founder |
| 1:46.4 | of Quantum Energy. The company develops electric grids that deliver highly redundant power |
| 1:52.3 | at gigawatt scale required to create next generation AI. A registration statement relating to the |
| 1:59.1 | securities has been filed with the SEC but has not yet become effective. |
| 2:04.1 | Also called Fermi America, the company intends to grant the underwriters a 30-day option to purchase up to an additional 3.75 million shares at the IPO price. |
| 2:15.2 | The company intends to list its shares on the NASDAQ and the London Stock Exchange under |
| 2:20.3 | the ticker symbol, FRMI. |
| 2:23.6 | Passenger car registrations in the European Union climbed by 5.3% year-over-year to more than |
| 2:30.5 | 67,000 units in August following a 7.4% gain in July, according to the European |
... |
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