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.
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.
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.
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.
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.
Intel’s stock price climbed as much as 9.2 percent Friday morning after a report said a company is looking to acquire the semiconductor giant whole.
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.
We recently compiled a list of the Why These 10 Stocks Were Skyrocketing on Friday. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against the other stocks that were skyrocketing on Friday.
Former Intel Xeon chief architect Sailesh Kottapalli said he has joined Qualcomm as the chip designer builds out a team to enter the data center CPU market.
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 ...
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,