this post was submitted on 26 Nov 2024
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Hardware

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Qualcomm’s Takeover Interest in Intel Is Said to Cool [Bloomberg] (archive.fo)
submitted 14 hours ago by Rekall_Incorporated@lemm.ee to c/hardware@lemmy.world
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Source Bloomberg article

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[–] Alphane_Moon@lemmy.world 2 points 14 hours ago (1 children)

But the transaction faced numerous financial, regulatory and operational hurdles, including the assumption of Intel’s more than $50 billion in debt. It likely would have drawn a lengthy and arduous antitrust review, including in China, which is a key market for both companies.

Qualcomm would have had to handle Intel’s money-losing semiconductor manufacturing unit, a business where it has no experience.

Sounds like Qualcomm got a little bit ahead of itself during their initial inquiries about acquiring Intel.

[–] KnitWit@lemmy.world 3 points 13 hours ago* (last edited 13 hours ago)

When this first got announced, I remember reading a comment on here saying something along the lines of, Qualcomm has zero interest in purchasing Intel but they do want to look at where they can hurt them the most so they really go under.