Exclusive-Qualcomm has explored acquiring pieces of Intel chip design business, sources say

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Go back to Exclusive-Qualcomm has explored acquiring pieces of Intel chip design business, sources say

Qualcomm considered buying parts of Intel’s chip design business - Reuters

September 6, 2024 4:21 AM EDT

Qualcomm (NASDAQ: QCOM) has considered acquiring parts of Intel's (NASDAQ: INTC) design business to strengthen its product offerings, Reuters reported on Thursday.

The mobile chipmaker has been evaluating various segments of Intel, which has been struggling with cash flow, and is exploring options to divest certain business units and assets, the report said.

Citing sources familiar with the matter, Reuters noted that Intels PC client design... More