Qualcomm Asked Chip Rival Intel if It Would Consider a Sale
The chipmaker Qualcomm has approached its rival Intel in recent days about the possibility of acquiring the slumping Silicon Valley giant, two people familiar with the matter said Friday, requesting anonymity because the talks were confidential.
This is the chipmaker's second round of layoffs over the past year, while the company recorded billions in revenue.
As Intel's manufacturing struggles continue, any potential deal with Qualcomm won't fix America's chipmaking dilemma.
According to anonymous sources, Qualcomm is exploring an acquisition of Intel. No offer has been made, but it is still in ...
One fund manager sees “more cons than pros” if the companies were to combine, after the Wall Street Journal reported that ...
Qualcomm approached Intel about a takeover deal, the WSJ reported. Meanwhile, Intel is planning a separate foundry subsidiary ...
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