Recent reports suggest that Qualcomm has expressed interest in taking over Intel, but this transaction seems improbable due to regulatory and strategic hurdles. It is more likely that Intel will take advantage of multi-billion dollar private equity investments.

One of the bidders is Apollo Global Management, which, according to Bloomberg, has offered to invest up to $5 billion in Intel, expressing confidence in its restructuring strategy. Apollo already has an existing relationship with Intel, having agreed in June to acquire a stake in a joint venture controlling the Irish chipmaker for $11 billion.

Intel, once the world's leading chipmaker, has been struggling in recent years. In August, the company lost nearly $30 billion in market value after a disappointing earnings report, prompting CEO Pat Gelsinger to announce the layoff of 15,000 employees and the cancellation of its dividend. With its stock down 50% this year, Intel is facing increased pressure from potential buyers.