The tech company is in talks with asset-manager Apollo Global Management, which could provide more than $11 billion to help build the facility.
Intel and Apollo are in exclusive talks for the deal, which could be signed in the coming weeks, the report said, citing people familiar with the matter. Other investment firms including KKR and infrastructure investor Stonepeak were also in the running before Apollo recently pulled ahead, the report added. Apollo Global Management declined to comment when contacted by Reuters, while Intel did not immediately respond to a request for comment.
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