How Intel became a takeover target

Intel Corp. was once the most valuable semiconductor company in the world, but the chipmaker's steady decline in recent years has put it in a vulnerable spot. The company, which is now worth less than half its value from three years ago, has now reportedly become a takeover target after being approached recently by Qualcomm with an acquisition offer, according to multiple reports.  According to The Wall Street Journal, which first reported the takeover bid, a series of missteps by Intel have led to the comp ...