Intel said to seek investment from Apple

Intel, the embattled chipmaker, has talked with Apple about investing in its business as it tries to improve its financial standing.

The companies have talked several times, both before and after the U.S. government invested $8.9 billion in Intel last month, said two people familiar with the talks, who were not authorized to speak about confidential discussions. It is unclear whether Apple would make an investment.

The conversations are part of a furious effort by Intel to raise cash and find customers for its ailing business.