Qualcomm made a takeover approach to chipmaker Intel in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel’s shares closed up 3.3%, while Qualcomm ...
Qualcomm approached Intel about a takeover in recent days, according to a person familiar with the matter. As of the market close on Friday, Intel had a market cap of over $90 billion. The shares ...
Intel Corporation INTC and Qualcomm Incorporated QCOM are two premier semiconductor firms investing heavily in connectivity and edge computing, with both focusing on AI (artificial intelligence) and ...
Intel shares surged after reports of Qualcomm's takeover interest, amid Intel's financial struggles and restructuring efforts. Qualcomm's acquisition of Intel's chip design business could boost ...
One analyst notes that Intel's situation doesn't seem dire enough for the company to settle for a 'fire sale.' Plus, Qualcomm could see Intel's foundry assets as a headache. Analysts aren't sold on a ...
The Wall Street Journal reported that Qualcomm has approached Intel for a potential takeover, a story later verified by CNBC. While the news initially sparked a 3% rally in Intel's share price, ...
Shares of Intel jumped 3% Friday as The Wall Street Journal’s Lauren Thomas, Laura Cooper, and Asa Fitch reported that Qualcomm has approached Intel about acquiring it for perhaps as much as $90 ...
Bloomberg reported Monday that Qualcomm’s earlier enthusiasm for the deal has diminished. The complexities surrounding such a large-scale acquisition and potential antitrust scrutiny are significant ...
Update 3:50pm: Adds details from WSJ, updates shares. Intel (NASDAQ:INTC) rose 3.3% amid a report that Qualcomm (QCOM) has approached about a takeover. Qualcomm fell 2.9%. Qualcomm (QCOM) approached ...
Sept 23 (Reuters) - A potential deal to buy Intel could accelerate Qualcomm's diversification but will burden thesmartphone chipmaker with a loss-making semiconductor manufacturing unit that it may ...
Wall Street investors and analysts shrugged off a report that Qualcomm had made an offer to buy Intel, concluding that the chances of such a deal coming together are extremely remote. “We believe the ...
Demers worked at Qualcomm for nearly 14 years on its Adreno graphics products, and worked on popular AMD GPUs before that.
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