Qualcomm Considers Acquiring Intel's Chip Design Units
Intel's financial struggles prompt potential sale as Qualcomm eyes key business segments to expand its portfolio.
- Qualcomm has been exploring the acquisition of Intel's chip design units for several months.
- Intel's client PC design business is of particular interest to Qualcomm executives.
- Intel has not been formally approached by Qualcomm regarding the acquisition.
- Intel faces significant financial challenges, including missed revenue targets and workforce reductions.
- The potential acquisition is part of Qualcomm's strategy to strengthen its position in the PC market.