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Qualcomm in Talks With Intel Over Takeover, Report Says
IntelIntel(US:INTC) CNET·2024-09-20 22:07

Qualcomm has approached fellow US chipmaker Intel in recent days about a possible takeover, the Wall Street Journal reported Friday.Intel has suffered a string of setbacks in recent years, and a Qualcomm acquisition would be a big deal for the global chip market. The report cited people familiar with the matter, who cautioned that a takeover is far from certain at this point. The magnitude of the deal would likely be scrutinized by antitrust regulators, as it would mean fewer competitors in the PC chip spac ...