Discover Excellence at ChicagoMerchCo – Where Prices and Quality Converge

Qualcomm is reportedly eyeing a takeover of Intel

It seems that Qualcomm sees Intel’s struggling business as a potential opportunity. The San Diego-based chipmaker has reportedly expressed an interest in taking over Intel “in recent days,” according to a new in The Wall Street Journal.

Though the report cautions that such a deal is “far from certain,” it would be a major upheaval in the US chip industry. It would also, as The WSJ notes, likely raise antitrust questions. But Qualcomm’s reported interest in a takeover underscores just how much Intel’s business has struggled over the last year.

Intel announced plans to cut last month as its quarterly losses climbed to $1.6 billion. Its foundry business is also struggling, with an operating loss of $2.8 billion last quarter. CEO Pat Gelsinger announced plans earlier this week to separate its foundry business into a separate unit from the rest of Intel.

Intel declined to comment on the report. Qualcomm didn’t immediately respond to a request for comment.

Trending Products

0
Add to compare
Corsair 5000D Airflow Tempered Glass Mid-Tower ATX PC Case – Black

Corsair 5000D Airflow Tempered Glass Mid-Tower ATX PC Case – Black

$168.05
0
Add to compare
CORSAIR 7000D AIRFLOW Full-Tower ATX PC Case, Black

CORSAIR 7000D AIRFLOW Full-Tower ATX PC Case, Black

$269.99
0
Add to compare
Corsair iCUE 4000X RGB Mid-Tower ATX PC Case – White (CC-9011205-WW)

Corsair iCUE 4000X RGB Mid-Tower ATX PC Case – White (CC-9011205-WW)

$144.99
.

We will be happy to hear your thoughts

Leave a reply

ChicagoMerchCo
Logo
Register New Account
Compare items
  • Total (0)
Compare
0
Shopping cart