Elon's jet is in Florida, Global Foundries jet is in Florida, Qualcomm's jet is in Florida: they're all at Mar-a-Lago... Intel buyout being discussed.
Qualcomm launched its first Arm-based PC CPUs last year, and although they haven't exactly been a smash hit, partly because of compatibility problems, Arm-based PC are likely to be here to stay. Qualcomm is now seemingly looking to re-enter the server CPU market with new chips.
Intel Corp (NASDAQ: INTC) popped as much as 10% on Friday following a SemiAccurate report that a new name is now interested in taking over the US-based semiconductor manufacturer. The news website added that the mainstream media has not previously indicated that this unnamed potential acquirer is interested in buying INTC.
This isn't the first time Intel's future has been in play. Back in September, Qualcomm (QCOM) reportedly explored buying Intel, but the deal fell apart due to complexities. Qualcomm could circle back,
Given the plunge in the stock price and its considerable assets, as well as brand name, an acquisition of Intel is certainly not farfetched. Intel hasn't said it is looking to be acquired, but the business is currently without a permanent CEO, and the stock has been in free fall, losing 60% of its value last year.
Qualcomm taps Intel Xeon veteran Sailesh Kottapalli to drive innovation and advancing its data center CPU push.
Intel's shares have risen by almost 9% after rumors of a possible acquisition surfaced, based on an email that suggested a well-funded company might be interested in a full takeover.
Qualcomm has rounded up its lineup of AI-powered Snapdragon X series chips with its announcement of the Snapdragon X, making Copilot+ PCs more affordable. Today, the company showed off the performance of its CPUs compared to Intel Lunar Lake devices, and there's a huge difference in performance.
Sailesh Kottapalli, a 28-year Intel veteran and a senior fellow and chief architect for the company’s Xeon processors, made the announcement on LinkedIn on January 13, stating that he joined Qualcomm as a senior vice president.
Qualcomm is now seemingly looking to re-enter the server CPU market with new chips. According to a LinkedIn post, Intel veteran and a chief architect of the Xeon server processor family Sailesh ...
It looks like we're all going to have to make some tradeoffs between raw performance (particularly for graphics), power consumption, and AI capabilities.
Intel (INTC) stock surges on takeover speculation. Bulls see long-term growth potential, while bears worry about value destruction. Read more here.