Qualcomm recently approached Intel about a possible takeover

Qualcomm recently approached Intel about a potential takeover, though it’s unclear if Intel engaged in talks or what terms were discussed. Intel shares rose 3% on the news, while Qualcomm’s fell by the same margin.

If successful, this could be one of the largest tech mergers, as Intel has a market cap over $90 billion.

Intel, once the top chipmaker, has struggled in 2024 with stock down 53% and missing out on the AI boom, CNBC has reported.

read more: https://www.cnbc.com/2024/09/20/qualcomm-reportedly-approached-intel-about-takeover.html

Links for B.C.

Visit My Website
https://bcbegley.com

Follow Me On Facebook
https://www.facebook.com/B.C.Begley

Subscribe To My Patreon
https://www.patreon.com/bcbegley

Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A

Follow Me On Twitter
https://twitter.com/BC_News1

Watch Me On Rumble
https://rumble.com/c/c-280191

Follow Me On Gab
https://gab.com/BC_Begley

Follow Me On Truth Social
https://truthsocial.com/@BC_Begley

#Qualcomm #Intel