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Qualcomm recently approached Intel about a possible takeover - TL;DR CNBC

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: technologyintel corpsemiconductor device manufacturingbroadcom incqualcomm incbreaking news: technologybusiness news

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


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