Qualcomm Reportedly Eyes Potential Takeover Of Intel Amid 60% Stock Decline, But Antitrust Concerns Loom – NVIDIA (NASDAQ:NVDA), Intel (NASDAQ:INTC)
Chip giant Qualcomm Inc. QCOM reportedly approached its struggling competitor Intel Corp. INTC for a possible takeover. What Happened: Qualcomm’s takeover attempt was in recent days, which if it goes through, would be monumental given Intel’s market value of roughly $90 billion, reported The Wall Street Journal, citing people familiar with the matter. However, the deal is far from a sure…
