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Intel, Qualcomm
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.
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.
A Late-Friday Takeover Report Fires Up Intel's Stock
A late-Friday report that Qualcomm recently made a "takeover approach" to Intel sent the latter company's shares higher.
43m
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 ...
11m
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 ...
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 ...
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.
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 ...
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