Qualcomm seems to view Intel’s troubled enterprise as a possible alternative. The San Diego-based chipmaker has reportedly expressed curiosity in buying Intel “in current days.” Wall Avenue Journal.
Though the report warns that such a deal is “removed from sure,” it will be a significant upheaval for the U.S. chip trade. It should additionally, equivalent to wall road journal Be aware, might elevate antitrust points. However Qualcomm is reportedly concerned about a takeover, underscoring the struggles of Intel’s enterprise over the previous yr.
Intel introduced layoffs final month as quarterly losses climbed to $1.6 billion. Its foundry enterprise can be in hassle, with an working lack of US$2.8 billion final quarter. Chief Govt Pat Gelsinger introduced earlier this week plans to separate its foundry enterprise from Intel’s different companies and create an impartial unit.
Intel declined to touch upon the report. Qualcomm didn’t instantly reply to a request for remark.
