Intel repurchases Apollo's 49% Fab 34 stake for $14.2B, adds $6.5B bridge debt

Filed April 8, 2026 · Period ending April 8, 2026 · ~1 min read

Key Changes

• high

  Intel bought back Apollo's 49% ownership in its Ireland Fab 34 joint venture for $14.2 billion, regaining full control of the facility less than two years after selling the stake.

  Item 8.01 verify on EDGAR →
• high

  The purchase was funded with cash on hand plus a $6.5 billion bridge loan that Intel plans to refinance when market conditions allow, increasing near-term debt and refinancing risk.

  Item 8.01 verify on EDGAR →
• medium

  Intel will terminate the joint venture agreements and wind up the partnership structure that governed Fab 34 construction, operations, and wafer production since June 2024.

  Item 8.01 verify on EDGAR →