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.
It’s not even Inauguration Day yet, but Donald Trump is making headlines across the financial world. Friday night he launched a meme coin – $TRUMP – that quickly skyrocketed to a fully diluted valuation of $75 billion.
SemiAccurate says a new name is now interested in buying Intel. Intel stock popped as much as 10% following the report on Friday.
Adds analyst note on potential buyer. Intel Corp. (NASDAQ:INTC) rose 9% after some vague takeover speculation about the chipmaker. A report from SemiAccurate was circulating on Friday about a company looking to acquire Intel (NASDAQ: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.
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.