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Shares of Intel rose nearly 3% on Monday, after media reports late on Friday about Qualcomm's early-stage approach for the struggling chipmaker. Qualcomm's shares were down 1.8%.
(Reuters) -Qualcomm's interest in acquiring Intel is said to have cooled due to complexities associated with the deal, Bloomberg News reported on Monday, citing people familiar with the matter.
By Max A. Cherney. SAN FRANCISCO (Reuters) -Qualcomm has in recent days approached Intel to explore a potential acquisition of the troubled chipmaker, a source familiar with the situation said on ...
A Qualcomm bid for Intel could face similar regulatory obstacles to Nvidia's takeover attempt for Arm in 2020, which it abandoned in 2022. Intel will, of course, want to consider its options.
A deal would unite Qualcomm's mobile-focused Snapdragon line with Intel's dominant PC and server chip divisions, creating a semiconductor powerhouse. Intel dominates the PC processor market with ...
Intel's (NASDAQ: INTC) stock recently rallied after a few news reports suggested that peer Qualcomm (NASDAQ: QCOM) was interested in buying the struggling chip giant. Such a merger would be the ...
Qualcomm could sell parts of Intel to other buyers to get any deal done, the newspaper added. Intel shares surged about 10% in afternoon trading on Friday, following the WSJ report.
Just one working day after The Wall Street Journal reported that Qualcomm was interested in buying Intel ... Intel. Intel shares were up 3.4% on the news as of 12:44 p.m. ET. ... Intel would ...