Qualcomm Explores Intel Takeover

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potential Qualcomm takeover

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chip giant Intel

Insider

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Qualcomm reportedly approached Intel about a takeover. Analysts say they could face political scrutiny and 'little overlap.'

Summary

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87% Informative

Chip giant Intel could be at a crossroads amid its declining valuation and struggling business.

Qualcomm approached Intel about a takeover deal, the Wall Street Journal reported.

On Monday , Intel CEO Pat Gelsinger sent out an email announcing "the next phase of Intel 's transformation" Intel also plans to lay off 15,000 staff members.

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semi-formal

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English

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not hateful