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.” exist Wall Avenue Journal.
Though the report warns that such a deal is “removed from sure,” it will be a serious upheaval for the U.S. chip trade. It’s going to additionally, equivalent to wall road journal Observe, might elevate antitrust points. However Qualcomm is reportedly concerned with a takeover, underscoring how Intel’s enterprise has struggled over the previous 12 months.
Intel pronounces layoff plans Final month, its quarterly loss climbed to $1.6 billion. Its foundry enterprise can also be in bother, 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.
