With Intel’s business sliding downard, the WSJ reports that fellow chipmaker Qualcomm has reached out about a possible takeover.
On Friday afternoon, The Wall Street Journal reported Intel had been approached by fellow chip giant Qualcomm about a possible takeover. While any deal is described as “far from certain,” according to the paper’s unnamed sources, it would represent a tremendous fall for a company that had been the most valuable chip company in the world, based largely on its x86 processor technology that for years had triumphed over Qualcomm’s Arm chips outside of the phone space.
Intel, too, recently had to partially rely on TSMC to produce its most cutting-edge chips as it continues to rebuild its own manufacturing efforts And its own 18A manufacturing process reportedly ran into some recent trouble. While Intel’s chief rival, AMD, also had hard times over the years and had to claw its way back, gamers helped AMD every step of the way.
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