Qualcomm approached Intel about a takeover deal, the WSJ reported. Meanwhile, Intel is planning a separate foundry subsidiary ...
Shares of computer processor maker Intel (NASDAQ:INTC) jumped 7.5% in the afternoon session after the Wall Street Journal ...
As Intel's manufacturing struggles continue, any potential deal with Qualcomm won't fix America's chipmaking dilemma.
The company also said it had a new "multiyear, multibillion-dollar framework covering product and wafers" with Amazon.com Inc.'s (AMZN) Amazon Web Services. Intel shares ended the week up 11.1% to log ...
Qualcomm has recently approached Intel regarding a potential takeover as Intel faces substantial business challenges, a ...
Yet its foundry business has shown potential for improvement. Intel will turn that business into a separate subsidiary, ...
Intel stock closed up 3.3% on the news, after jumping as much as 9.5% when the story first broke. Qualcomm closed down 2.9% ...
Earlier this month, Reuters reported that Qualcomm explored the possibility of acquiring portions of Intel's design business ...
Intel shares have plummeted in recent months as it cut jobs, suspended its dividend and faced a high-profile board member ...
Intel's shares reversed course to rise 8%, while Qualcomm fell 4% in afternoon trade. Intel has been attempting to turn its ...
Intel is restructuring its foundry business as an independent subsidiary to improve competitiveness in the semiconductor industry. This includes a major AI chip deal with Amazon, pausing new plant ...
Intel, based in Santa Clara, California, announced a raft of changes this week aimed at getting its business back on track.