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Qualcomm Approached Intel About a Takeover
Qualcomm approached Intel about a takeover in recent days, source says
Qualcomm has in recent days approached Intel to explore a potential acquisition of the troubled chipmaker, a source familiar with the situation said on Friday, in what could be a transformational deal in the sector but faces many hurdles.
Qualcomm wants to buy Intel
At the time, Intel CEO Pat Gelsinger said the company would stop all nonessential work and has since announced it will spin off its chipmaking business, a part of the company that it had long touted as a strength over rival AMD and the many fabless chipmakers that rely on entities like Taiwan’s TSMC to produce all of their actual silicon.
Qualcomm reportedly approached struggling rival Intel about a takeover
Intel shares have plummeted in recent months as it cut jobs, suspended its dividend and faced a high-profile board member resignation.
18h
AMD & Intel: Rumors of new processor reissues
Both AMD and Intel are said to be planning processor reissues. Interested parties would be fooled into believing that old ...
1d
If You'd Invested $10,000 in AMD Stock 10 Years Ago, Here's How Much You'd Have Today
A $10,000 investment in AMD stock 10 years ago would be worth more than $395,000 today. At that time, AMD shares traded in ...
20h
AMD: Racking Up Wins And Heading Higher
AMD's recent successes in supplying processors for PlayStation 6 and making strides in GPU accelerators position them as a ...
1d
on MSN
Analyst Downgrades Intel (INTC) On Competition from AMD, Valuation
We recently published a list of 10 Trending AI Stocks to Watch in September. Since Intel Corp (NASDAQ:INTC) ranks 8th on the ...
4d
on MSN
Sony reportedly picked AMD over Intel for the PS6
What’s next after the PS5 Pro? A report from Reuters focuses on Sony’s plans beyond this fall’s new $700 system, saying that ...
7d
Switching from Intel to AMD? Here's What You Need to Know
Planning on switching from Intel to AMD? Here are some of the things you ought to know when you make the switch between ...
ExtremeTech
13h
AMD's Strix Halo Zen 5 Mobile Chips to Offer Massive iGPU With 40 CUs
Over a year ago, we first heard of AMD's plans for Zen 5 mobile flagship CPUs, Strix Halo. These chips are supposed to tower ...
3h
Intel and Qualcomm: This 'odd' couple won't solve America's chipmaking woes
As Intel's manufacturing struggles continue, any potential deal with Qualcomm won't fix America's chipmaking dilemma.
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