A new report claims Qualcomm reached out to Intel to buy the CPU company's factories. Here's everything we know so far about the reported deal, and what you need to know.

Qualcomm has approached fellow US chipmaker Intel in recent days about a possible takeover, the Wall Street Journal reported Friday.Intel has suffered a string of setbacks in recent years, and a Qualcomm acquisition would be a big deal for the global chip market.

Qualcomm made a takeover approach to chipmaker Intel in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel's shares closed up 3.3%, while Qualcomm fell 2.