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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%.
This isn't the first time that rumors have swirled about an acquisition as Intel has struggled. Qualcomm was also reportedly interested in buying Intel in September, or at least its chip-design ...
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.
(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.
But Intel’s struggles amid the turnaround have made it a takeover target for the likes of Qualcomm, which could use the company to significantly expand its chip business into the data center and ...
Qualcomm's potential bid for Intel would feature plenty of zeros, but one massive question is the real hold-up: How is this going to work? With both companies' sizable market caps — Qualcomm's ...
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 ...
However, Intel's stock recently rallied amid rumors that Qualcomm (NASDAQ: QCOM) may be mulling a takeover of the troubled chipmaker. That deal would create a chipmaking titan by merging Intel's ...