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pasterpl · Sep 21, 2024

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Rumor : Qualcomm to buy over Intel Core business

Lisa Su won. SAN FRANCISCO/NEW YORK, Sept 5 (Reuters) - Qualcomm (QCOM.O), opens new tab has explored the possibility of acquiring portions of Intel's (INTC.O), opens new tab design business to boost the company's product portfolio, according to two sources familiar with the matter. The mobile...

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Intel is laying off over 15,000 employees and will stop all ‘non-essential work’

https://www.theverge.com/2024/8/1/24210656/intel-is-laying-off-over-10000-employees-and-will-cut-10-billion-in-costs Intel’s on a long, long road to recovery, and over 15,000 workers will likely no longer be coming along for the ride. The chipmaker just announced it’s downsizing its workforce...

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The Wall Street Journal reports Qualcomm approached Intel about a possible takeover — is this how Arm vs. x86 ends?

On Friday afternoon, The Wall Street Journal reported Intel had been approached by fellow chip giant Qualcomm about a possible takeover. While any deal is described as “far from certain,” according to the paper’s unnamed sources, it would represent a tremendous fall for a company that had been the most valuable chip company in the world, based largely on its x86 processor technology that for years had triumphed over Qualcomm’s Arm chips outside of the phone space.
The New York Times corroborated the report on Friday evening, adding that “Qualcomm has not yet made an official offer for Intel.”
If a deal were made — and survived regulatory scrutiny — it would be a massive coup for Qualcomm, which reentered the desktop processor market this year as a part of Microsoft’s AI PC strategy after years of dominance in mobile processors.

https://www.wsj.com/business/deals/qualcomm-approached-intel-about-a-takeover-in-recent-days-fa114f9d

https://www.reuters.com/markets/deals/qualcomm-approached-intel-about-takeover-recent-days-wsj-reports-2024-09-20/