Qualcomm reportedly wants to buy Intel
https://www.theverge.com/2024/9/20/24249949/intel-qualcomm-rumor-takeover-acquisition-arm-x86Open linkView original on lemmy.mlhttps://www.theverge.com/2024/9/20/24249949/intel-qualcomm-rumor-takeover-acquisition-arm-x86Open linkView original on lemmy.ml
My first thought was can they? I thought Intel was one of the larger corporations out there. But I looked it up and QC has double the market cap (although that pales intro insignificance against nVidia).
My next thought is why? Do they want to control an aging out ISA or is it the foundries they are interested in?
yeah, someone butchered an article and now it's getting echoed like a broken telephone. Really it seems that qualcomm wants to buy intel's "PC design department", not the whole company (and even that seems very uncertain)
Plus the whole thing would go against anti-trust laws. Especially the EU would hold it up.
Uh oh. The FTC better not let that go through.
Can't think of the last time the FTC blocked something meaningful. Like when they were supposed to break-up live nation and ticketmaster. We'll see how the Kroger Albertsons merger goes.