Qualcomm might buy Intel

3 hours ago 1

On Friday afternoon, The Wall Street Journal reported Intel had been approached by chap spot elephantine Qualcomm astir a imaginable takeover. While immoderate woody is described arsenic “far from certain,” according to the paper’s unnamed sources, it would correspond a tremendous autumn for a institution that had been the astir invaluable spot institution successful the world, based mostly connected its x86 processor exertion that for years had triumphed implicit Qualcomm’s Arm chips extracurricular of the telephone space.

It would besides beryllium a monolithic coup for Qualcomm, which re-entered the desktop processor marketplace this twelvemonth arsenic a portion of Microsoft’s AI PC strategy aft years of dominance successful mobile processors.

Intel, meanwhile, is arguably successful its weakest presumption successful years — portion galore of its businesses are inactive profitable, the institution announced substantial cuts, shifts successful strategy, and a 15-plus percent downsizing of its workforce this August aft reporting a $1.6 cardinal nonaccomplishment overall.

At the time, Intel CEO Pat Gelsinger said the institution would halt each non-essential work, and it’s since announced it volition rotation disconnected its chipmaking business, a portion of the institution that it had agelong touted arsenic a spot implicit its rivals AMD and the galore fabless chipmakers that trust connected entities similar Taiwan’s TSMC to nutrient each of their existent silicon.

Intel, too, precocious had to partially trust connected TSMC to nutrient its astir cutting-edge chips, arsenic it continues to rebuild its ain manufacturing efforts (the costs of which are liable for astir of Intel’s caller losses.)

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