The Tool Desk
Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →iTechGuides is reader-supported. When you buy through links on our site, we may earn an affiliate commission. As an Amazon Associate I earn from qualifying purchases. Learn more
Intel completed its repurchase of Apollo-managed funds’ 49% interest in the joint venture tied to Fab 34 in Ireland on April 8, 2026. Intel’s Q2 2026 filing reports aggregate cash consideration of $14.2 billion, including transaction costs. The deal bought back a stake in the joint venture—not direct ownership of 49% of the factory.
What Intel bought back
The repurchased interest was Apollo-managed funds’ 49% equity stake in Ireland SCIP, the joint venture related to Intel’s Fab 34. Intel’s June 2024 announcement said it would retain full ownership and operational control of Fab 34 and its assets under the original arrangement. The transaction therefore concerned the financing structure around the fab, not a transfer of direct factory ownership to Apollo.
Intel and Apollo announced the original arrangement on June 4, 2024. Apollo-managed funds and affiliates agreed to invest $11 billion for the 49% joint-venture interest. Intel described the arrangement as part of its Smart Capital strategy. Intel’s 2024 announcement states: “Intel will retain full ownership and operational control of Fab 34 and its assets.”
Deal timeline and amounts
| Date | Event | Amount and meaning |
|---|---|---|
| June 4, 2024 | Intel and Apollo announced the original joint-venture investment. | $11 billion for Apollo-managed funds and affiliates to acquire a 49% equity interest in the Fab 34-related joint venture. Intel announcement |
| April 1, 2026 | Intel and Apollo announced that Intel would repurchase the stake. | $14.2 billion announced repurchase amount. Intel said it expected to fund the purchase with cash on hand and proceeds from approximately $6.5 billion of new debt. Intel announcement |
| April 8, 2026 | Intel reported that it completed the repurchase. | Intel’s Form 8-K says it repurchased the 49% interest from Apollo-managed funds and affiliates. Intel Form 8-K |
| Q2 2026 filing | Intel reported the acquisition in its quarterly filing. | $14.2 billion in aggregate cash consideration, inclusive of transaction costs. Intel Q2 2026 filing |
How to understand the $14.2 billion price
The $11 billion figure was the amount Apollo-managed funds agreed to invest in 2024 for the joint-venture interest. The $14.2 billion figure is Intel’s reported aggregate cash consideration for acquiring that interest in 2026, inclusive of transaction costs. They describe different stages of the arrangement and should not be treated as a simple measure of investment return: that would require accounting for the agreements, intervening cash flows, time value of money, and transaction costs.
#1 Best Overall
- Next‑Gen Platform Support: Compatible with Intel 800 Series Chipset‑based motherboards with LGA1851 Socket enabling PCIe 5.0/4.0 and high‑speed DDR5 memory (up to 7200 MT/s).
- High‑Performance Core Configuration: Features up to 24 cores (8 P‑cores + 16 E‑cores) for demanding gaming and creator
- Ultra‑Fast Boost Clocks: Reaches up to 5.5 GHz max turbo frequency for top‑tier responsiveness and performance
- Built for Enthusiasts: Unlocked for performance tuning when paired with Intel Z‑series chipsets, making it ideal for overclockers and power users.
- Robust Power & Thermal Design: Engineered with 125W base power and 250W max turbo power to sustain high‑intensity
What is known about the funding
When Intel announced the buyback on April 1, 2026, it said it expected to use cash on hand and proceeds from approximately $6.5 billion of new debt. That was an announced financing expectation, not a statement that debt covered the full $14.2 billion price. Intel’s Q2 filing reports the aggregate cash consideration, but the cited transaction materials do not establish a final source-by-source breakdown of how the payment was funded.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.What the completed deal establishes—and what it does not
Intel’s April 8 Form 8-K and Q2 2026 filing establish that the company completed the repurchase and acquired Apollo’s 49% joint-venture interest. The cited company materials do not establish realized post-close changes in earnings, leverage, credit ratings, or Fab 34 production. Those outcomes should not be inferred from the buyback alone.
Quick Recap
Best Value
- Game without compromise. Play harder and work smarter with Intel Core 14th Gen processors
- 24 cores (8 P-cores plus 16 E-cores) and 32 threads. Integrated Intel UHD Graphics 770 included
- Leading max clock speed of up to 6.0 GHz gives you smoother game play, higher frame rates, and rapid responsiveness
- Compatible with Intel 600-series (with potential BIOS update) or 700-series chipset-based motherboards
- DDR4 and DDR5 platform support cuts your load times and gives you the space to run the most demanding games
Rank #4
- Game Without Compromise. Play harder and work smarter with Intel Core 14th Gen processors
- 20 cores (8 P-cores plus 12 E-cores) and 28 threads. Discrete graphics required
- Up to 5.6 GHz with Turbo Boost Max Technology 3.0 gives you smooth game play, high frame rates, and rapid responsiveness
- Compatible with Intel 600-series (with potential BIOS update) or 700-series chipset-based motherboards
- DDR4 and DDR5 platform support cuts your load times and gives you the space to run the most demanding games
Rank #3
- Get ultra-efficient with Intel Core Ultra desktop processors that improve both performance and efficiency so your PC can run cooler, quieter, and quicker.
- Core and Threads 24 cores (8 P-cores plus 16 E-cores) and 24 threads. Integrated Intel Graphics included
- Performance Hybrid Architecture Integrates two core microarchitectures, prioritizing and distributing workloads to optimize performance
- Performance Unlocked Up to 5.7 GHz unlocked. 40MB Cache
- Compatibility Compatible with Intel 800 series chipset-based motherboards
Rank #2
- Game Without Compromise. Play harder and work smarter with Intel Core 14th Gen processors
- 20 cores (8 P-cores plus 12 E-cores) and 28 threads. Integrated Intel UHD Graphics 770 included
- Up to 5.6 GHz with Turbo Boost Max Technology 3.0 gives you smooth game play, high frame rates, and rapid responsiveness
- Compatible with Intel 600-series (with potential BIOS update) or 700-series chipset-based motherboards
- DDR4 and DDR5 platform support cuts your load times and gives you the space to run the most demanding games
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
Free tools Windows power users keep installed
One-click scans. No signup required.
