Intel jumps after WSJ reports Qualcomm approached the struggling chipmaker about a deal
Briefly

Qualcomm's interest in acquiring Intel highlights the decline of a once formidable US tech giant, as it struggles to regain its former chipmaking lead.
The potential deal raises concerns of duplication in intellectual property, with analysts noting that significant cost-cutting would be necessary if the acquisition proceeds.
Amidst the backdrop of Intel's diminishing market status, Qualcomm's plans could face antitrust challenges, demonstrating the complexity of such a significant merger.
With Intel's missed opportunities in the smartphone chip market, analysts suggest that Qualcomm's acquisition may not bode well for its struggling data center business.
Read at Business Insider
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