It appears that evidently 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 current days,” in keeping with a brand new in The Wall Avenue 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 could additionally, as The WSJ notes, possible elevate 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 also 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
Samsung 24” FT45 Series FHD 1080p Computer Monitor, 75Hz, IPS Panel, HDMI, DisplayPort, USB Hub, Ultra Thin Bezels, Ergonomic Design, Height Adjustable Stand, 3 Year Warranty, LF24T454FQNXGO, Black
ASUS RT-AX88U PRO AX6000 Dual Band WiFi 6 Router, WPA3, Parental Control, Adaptive QoS, Port Forwarding, WAN aggregation, lifetime internet security and AiMesh support, Dual 2.5G Port
Wireless Keyboard and Mouse Combo, MARVO 2.4G Ergonomic Wireless Computer Keyboard with Phone Tablet Holder, Silent Mouse with 6 Button, Compatible with MacBook, Windows (Black)
