Qualcomm's Interest in Intel Could Spell Trouble for TSMC

Qualcomm could potentially evolve from a major TSMC customer into a major TSMC competitor.Intel's (INTC -0.04%) stock recently rallied after a few news reports suggested that peer Qualcomm (QCOM -1.47%) was interested in buying the struggling chip giant. Such a merger would be the largest semiconductor sector deal in history since Intel still has an enterprise value of $124 billion. It could also be a game-changer for the industry, bringing Intel's x86 PC and server CPUs under the same roof as Qualcomm's Ar ...