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Intel, Qualcomm
Intel’s stock seals strong week. But would a Qualcomm merger make sense?
One fund manager sees “more cons than pros” if the companies were to combine, after the Wall Street Journal reported that Qualcomm approached Intel about a possible deal.
Why Intel Stock Popped Today
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% after sinking 6% earlier, showing Qualcomm investors didn't like the idea of a tie-up between the two chip giants.
Chipmaker Qualcomm Is Said to Explore Friendly Takeover of Intel
Qualcomm Inc. has approached Intel Corp. to discuss a potential acquisition of the struggling chipmaker, a person with knowledge of the matter said, raising the prospect of one of the biggest-ever M&A deals.
3h
Qualcomm wants to buy Intel. Would that be enough to overtake Nvidia?
It’s conceivable Qualcomm’s CEO, Cristiano Amon, imagines a grand alliance of sorts with Intel to really challenge Nvidia in ...
2h
Did Amazon Just Save Intel Stock?
This is especially true when that friend runs the largest cloud computing business in the world and you are a manufacturer of ...
1d
Down More Than 50%, Can Intel Stock Rebound on New Foundry Plans?
The company also announced an expanded deal with Amazon, in which the two companies will co-invest in custom chip designs.
3d
You’ll Wish You Hadn't Ignored Intel Stock
Intel will produce the specialized "AI fabric chip" for Amazon, using its 18A manufacturing process, which is the company’s ...
Reuters
19h
Qualcomm approached Intel about a takeover in recent days, WSJ reports
Qualcomm, with a
market
capitalization of $188 billion ... on AI processors and creating a chip contract manufacturing business, known as a foundry.
Intel
's
stock
has slumped 25% since Aug. 1, ...
4d
on MSN
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom ...
4d
Intel Stock: Finally At The Right Price
Intel stock has surged recently due to positive developments, including an expanded partnership with Amazon AWS. See more on ...
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