Elon's jet is in Florida, Global Foundries jet is in Florida, Qualcomm's jet is in Florida: they're all at Mar-a-Lago... Intel buyout being discussed.
Intel's failure could present geopolitical risks, according to industry insiders, because it builds U.S. chip production. Intel is desperate, and a buyout might save the company. This article first appeared on GuruFocus.
Qualcomm launched its first Arm-based PC CPUs last year, and although they haven't exactly been a smash hit, partly because of compatibility problems, Arm-based PC are likely to be here to stay. Qualcomm is now seemingly looking to re-enter the server CPU market with new chips.
According to rumors, Elon Musk is interested in acquiring Intel. It is also said that Qualcomm and Global Foundries are somehow involved in the deal.
Sailesh Kottapalli, formerly an Intel Fellow and lead architect for Intel’s Xeon line of data center chips, announced this week that he recently joined Qualcomm as a senior vice president. Kottapalli’s title at Intel indicates he was a top engineer there,
Qualcomm has rounded up its lineup of AI-powered Snapdragon X series chips with its announcement of the Snapdragon X, making Copilot+ PCs more affordable. Today, the company showed off the performance of its CPUs compared to Intel Lunar Lake devices, and there's a huge difference in performance.
Given the plunge in the stock price and its considerable assets, as well as brand name, an acquisition of Intel is certainly not farfetched. Intel hasn't said it is looking to be acquired, but the business is currently without a permanent CEO, and the stock has been in free fall, losing 60% of its value last year.
This isn't the first time Intel's future has been in play. Back in September, Qualcomm (QCOM) reportedly explored buying Intel, but the deal fell apart due to complexities. Qualcomm could circle back,
Intel's shares have risen by almost 9% after rumors of a possible acquisition surfaced, based on an email that suggested a well-funded company might be interested in a full takeover.
Sailesh Kottapalli, a 28-year Intel veteran and a senior fellow and chief architect for the company’s Xeon processors, made the announcement on LinkedIn on January 13, stating that he joined Qualcomm as a senior vice president.
Former Intel Xeon chief architect Sailesh Kottapalli said he has joined Qualcomm as the chip designer builds out a team to enter the data center CPU market.
Qualcomm is now seemingly looking to re-enter the server CPU market with new chips. According to a LinkedIn post, Intel veteran and a chief architect of the Xeon server processor family Sailesh ...