Exclusive-Qualcomm has explored acquiring pieces of Intel chip design business, sources say

Exclusive-Qualcomm has explored acquiring pieces of Intel chip design business, sources say

By Anirban Sen, Max A. Cherney, Milana Vinn and Mike Spector SAN FRANCISCO/NEW YORK (Reuters) – Qualcomm has explored the possibility of acquiring portions of Intel’s design business to boost the company’s product portfolio, according to two sources familiar with the matter. The mobile chipmaker has examined acquiring different pieces of Intel, which is struggling…

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Latest News Today Live Updates September 6, 2024: Hartalika Teej 2024: From wishes, fasting rituals to puja muhurat; here's all you need to know

Latest News Today Live Updates September 6, 2024: Hartalika Teej 2024: From wishes, fasting rituals to puja muhurat; here’s all you need to know

Latest News Today Live Updates: This is the platform where we curate news for you from various arenas. Here, we bring you real-time updates on domestic and global happenings, covering all the latest developments. From significant political news to critical economic reports, business highlights and or breaking news alerts – we’ve got you covered. Stay…

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Israel Palestinians | Nation & World News

Israel Palestinians | Nation & World News

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Broadcom forecasts lukewarm quarterly revenue despite AI chip surge, shares fall

Broadcom forecasts lukewarm quarterly revenue despite AI chip surge, shares fall

(Reuters) -Chipmaker Broadcom (AVGO) forecast fourth-quarter revenue slightly below Wall Street expectations on Thursday, hurt by sluggish spending in its broadband segment. Despite a sharp rise in orders for its artificial intelligence chips, shares fell nearly 5% in extended trading. The Irvine, California-based company expects revenue of around $14 billion, while analysts polled by LSEG…

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