Plainly Qualcomm sees Intel’s struggling enterprise as a possible alternative. The San Diego-based chipmaker has reportedly expressed an curiosity in taking on Intel “in latest days,” in line with a brand new in The Wall Road Journal.
Although the report cautions that such a deal is “removed from sure,” it could be a significant upheaval within the US chip business. It might additionally, as The WSJ notes, probably increase antitrust questions. However Qualcomm’s reported curiosity in a takeover underscores simply how a lot Intel’s enterprise has struggled during the last 12 months.
Intel introduced plans to chop final month as its quarterly losses climbed to $1.6 billion. Its foundry enterprise can be struggling, with an working lack of $2.8 billion final quarter. CEO Pat Gelsinger introduced plans earlier this week to separate its foundry enterprise right into a separate unit from the remainder of Intel.
Intel declined to touch upon the report. Qualcomm didn’t instantly reply to a request for remark.
Trending Merchandise
Wireless Keyboard and Mouse Ultra Slim Combo, TopMate 2.4G Silent Compact USB 2400DPI Mouse and Scissor Switch Keyboard Set with Cover, 2 AA and 2 AAA Batteries, for PC/Laptop/Windows/Mac – White
Acer Aspire 3 A315-24P-R7VH Slim Laptop | 15.6″ Full HD IPS Display | AMD Ryzen 3 7320U Quad-Core Processor | AMD Radeon Graphics | 8GB LPDDR5 | 128GB NVMe SSD | Wi-Fi 6 | Windows 11 Home in S Mode
Acer CB272 Ebmiprx 27″ FHD 1920 x 1080 Zero Frame Home Office Monitor | AMD FreeSync | 1ms VRB | 100Hz | 99% sRGB | Height Adjustable Stand with Swivel, Tilt & Pivot (Display Port, HDMI & VGA Ports)
