share_log

Intel Vs. Oracle: Can Apollo's Rescue Plan Beat Oracle's AI Cloud Domination?

Benzinga ·  Oct 8 09:21

In the tech world,Intel Corp(NASDAQ:INTC) is stumbling its way through a corporate reboot, whileOracle Corp(NYSE:ORCL) is racing ahead, planting a $6.5 billion artificial intelligence and cloud flag in Malaysia.

Let's break down the current state of affairs for these two giants.

Intel: A Tough Love Takeover?

Intel's stock has taken a beating, down over 53% year-to-date, with market cap dropping below $100 billion for the first time in over a decade.

The buzz? Private equity heavyweightApollo Global Management Inc(NYSE:APO) is eyeing a takeover. Industry whispers had earlier linkedQualcomm Inc...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment