Chip Wars: Will Qualcomm Gobble Up Intel's Designs?
Fri Sep 06 2024
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Intel's been having a rough go of it lately - from their 13th and 14th gen Core flops to cutting 15% of staff, the iconic chipmaker is desperate for a cash infusion. Qualcomm is reportedly eyeing Intel's chip design business.
But wait - what if this isn't about beefing up Qualcomm's lineup? What if it's more about driving a nail in the coffin of their biggest rival? Qualcomm execs have been studying this potential acquisition for months, but they haven't pulled the trigger yet. Could that be because they're still weighing the risks and rewards? Or are they waiting to see how much Intel is willing to cave on price?
After all, if Qualcomm bought up ALL of Intel's design units, including servers (which don't really fit their needs), it would send a shockwave through the industry. Intel has vowed commitment to its PC business, but with stock prices tanking over 59% and mass layoffs underway, they might not have much choice in the matter if Qualcomm makes them an offer they can't refuse.
Intel's current struggles have left them vulnerable. But don't count this chip giant out just yet - they've weathered storms before. The real question is: will they be able to adapt and innovate fast enough to stay relevant in a rapidly changing market? Or will Qualcomm steal the spotlight
https://localnews.ai/article/chip-wars-will-qualcomm-gobble-up-intels-designs-7e4ff4c4
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