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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%.
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 ...
Intel has received a takeover bid from Qualcomm as the storied chip giant struggles. Getty Images One of Silicon Valley's most storied companies has become an acquisition target.
(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.
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 ...
Intel Corporation, an American multinational corporation and technology company headquartered in Santa Clara, California, is the world's largest semiconductor chip manufacturer by revenue. [ 1 ] [ 2 ] Since its inception, the company has acquired dozens of companies across the global technology industry, with seven multi-billion-dollar ...
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 ...
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 ...