Root NationNewsQualcomm Makes a Bid to Acquire Intel

Qualcomm Makes a Bid to Acquire Intel

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Qualcomm has recently approached Intel with a proposal for acquisition, as reported by The Wall Street Journal, citing sources close to the matter. Earlier this month, there were reports that Qualcomm was considering acquiring a portion of Intel’s business, specifically the Core processor manufacturing segment. The sources did not specify whether the current discussions pertain to the acquisition of the entire Intel corporation or just a segment of its operations.

Qualcomm Snapdragon

The sale of Intel, whose market value as of Friday morning was estimated at around $87 billion, would be a significant event for the semiconductor industry. According to *The Wall Street Journal*, Intel is currently experiencing one of the most substantial crises in its fifty-year history.

Sources indicate that the possibility of a deal is far from certain. Even if Intel is potentially willing to consider such an offer, a transaction of this scale would undoubtedly attract the attention of regulatory bodies. On the other hand, such a deal could be seen as an opportunity to strengthen the U.S. competitive advantage in global chip manufacturing. To gain regulatory approval, Qualcomm might have to agree to sell certain assets or parts of Intel to other interested parties.

Intel, once the most valuable chip manufacturing company, has seen its stock drop by nearly 60% since the beginning of this year. At its peak, the company’s market capitalization exceeded $290 billion. Following the *Wall Street Journal* report on Friday, Intel’s stock rose by 7%, while Qualcomm’s stock, currently valued at around $185 billion, fell by approximately 4%.

Intel

The American company Qualcomm is one of the leading suppliers of smartphone chips, as well as components essential for cellular base stations. Additionally, Qualcomm is a key supplier of components for Apple’s iPhone and a range of devices from other manufacturers.

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