Elon's jet is in Florida, Global Foundries jet is in Florida, Qualcomm's jet is in Florida: they're all at Mar-a-Lago... Intel buyout being discussed.
Qualcomm launched its first Arm-based PC CPUs last year, and although they haven't exactly been a smash hit, partly because of compatibility problems, Arm-based PC are likely to be here to stay. Qualcomm is now seemingly looking to re-enter the server CPU market with new chips.
Given the plunge in the stock price and its considerable assets, as well as brand name, an acquisition of Intel is certainly not farfetched. Intel hasn't said it is looking to be acquired, but the business is currently without a permanent CEO, and the stock has been in free fall, losing 60% of its value last year.
Adds analyst note on potential buyer. Intel Corp. (NASDAQ:INTC) rose 9% after some vague takeover speculation about the chipmaker. A report from SemiAccurate was circulating on Friday about a company looking to acquire Intel (NASDAQ:INTC).
Qualcomm has rounded up its lineup of AI-powered Snapdragon X series chips with its announcement of the Snapdragon X, making Copilot+ PCs more affordable. Today, the company showed off the performance of its CPUs compared to Intel Lunar Lake devices, and there's a huge difference in performance.
Intel (INTC) stock surges on takeover speculation. Bulls see long-term growth potential, while bears worry about value destruction. Read more here.
Sailesh Kottapalli, a 28-year Intel veteran and a senior fellow and chief architect for the company’s Xeon processors, made the announcement on LinkedIn on January 13, stating that he joined Qualcomm as a senior vice president.
We recently compiled a list of the Why These 10 Stocks Were Skyrocketing on Friday. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against the other
Former Intel Xeon chief architect Sailesh Kottapalli said he has joined Qualcomm as the chip designer builds out a team to enter the data center CPU market.
Qualcomm is now seemingly looking to re-enter the server CPU market with new chips. According to a LinkedIn post, Intel veteran and a chief architect of the Xeon server processor family Sailesh ...
SemiAccurate says a new name is now interested in buying Intel. Intel stock popped as much as 10% following the report on Friday.
This isn't the first time Intel's future has been in play. Back in September, Qualcomm (QCOM) reportedly explored buying Intel, but the deal fell apart due to complexities. Qualcomm could circle back,