Flapmax Expands Collaboration with Intel to Launch Quantum AI Challenge
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September 23, 2024 6:22 AM EDT
Baird Comments on Qualcomm (NASDAQ: QCOM) Rumor to Buy Intel (NASDAQ: INTC)
The analyst comments "Qualcomm is a fabless company banking on ARM-based architectures to gain market share and disrupt the x86-dominated PC market, while expanding in Automotive with ARM-based architectures and possibly aiming into ARM-based acceleration and inferencing. Intel's fabs are not compatible with Qualcomm's... More
September 23, 2024 6:20 AM EDT
Melius Comments on Qualcomm (NASDAQ: QCOM) Rumor to Buy Intel (NASDAQ: INTC)
The analyst comments "Good Way to Get Complicated? On Friday, (shortly after 3PM) the Wall Street Journal reported that Qualcomm ($193B EV) has approached Intel ($122B EV) regarding a friendly takeover. Then on Sunday, Bloomberg reported that Apollo is contemplating a $5B investment of some sort. Apollo has already invested in Intel facilities and is arguably better positioned than common shareholders to benefit from upside at the Ireland fab. A deal with... More
September 23, 2024 6:05 AM EDT
Wolfe Research analyst Chris Caso reiterated a Peerperform rating on Intel (NASDAQ: INTC).
The analyst comments "On Friday, the WSJ reported [link] that QCOM had approached Intel management about a potential takeover. In addition, over the weekend, Bloomberg reported [link] that Apollo has offered to make an equity-like investment in Intel of as much as $5 billion. While we don't have independent knowledge of either of these actions, the reports underscore the difficult position Intel now finds themselves in, with high capex requirements and manufacturing profitability now pushed far into the future.... More
September 23, 2024 5:54 AM EDT
Deutsche Bank Comments on Qualcomm (NASDAQ: QCOM) Rumor to Buy Intel (NASDAQ: INTC)
The analyst comments "Earlier today, press reports emerged (WSJ) regarding QCOM approaching INTC with a takeover offer. We have no ability to... More
