Qualcomm recently approached Intel about a possible takeover
Publishing timestamp: 2024-09-20 19:26:34
Summary
Qualcomm approached Intel about a potential takeover, which could be one of the largest technology mergers ever. Intel has been struggling in recent years, facing a downward spiral and missing out on key markets like artificial intelligence. The deal would be complicated by antitrust and national security concerns, as both companies do business in China and have seen previous deals scuttled for similar reasons.
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Keywords: technology, intel corp, semiconductor device manufacturing, broadcom inc, qualcomm inc, breaking news: technology, business news,
Source: https://www.cnbc.com/2024/09/20/qualcomm-reportedly-approached-intel-about-takeover.html