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 in recent days approached Intel to explore a potential acquisition of the troubled chipmaker, a source familiar with the situation said on Friday, in what could be a transformational deal in the sector but faces many hurdles.

Qualcomm has approached chipmaker Intel about a possible takeover in recent days, according to a Wall Street Journal report Friday. Intel has been suffering its own recent failures, and a Qualcomm acquisition would be a big deal for the chip market.