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FX.co ★ Qualcomm Pursues Possible Takeover Of Intel : Report

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typeContent_19130:::2024-09-21T06:47:00

Qualcomm Pursues Possible Takeover Of Intel : Report

Qualcomm Inc. (QCOM) has recently expressed interest in potentially acquiring Intel Corp. (INTC), according to sources cited by The Wall Street Journal. If successful, this acquisition could rank among the largest technology mergers in history, given Intel's market capitalization exceeding $93 billion. However, it should be noted that the deal remains uncertain at this point.

Even if Intel is receptive to the proposal, a merger of this magnitude would likely attract regulatory scrutiny due to antitrust concerns. Nevertheless, such a deal could also be viewed as an opportunity to enhance the United States' competitive edge in the semiconductor sector. To smooth the path for this merger, Qualcomm might contemplate selling certain Intel assets or business units to other purchasers, as noted in the report.

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