Comment on America's fallen tech giant Intel is facing a crossroads

America's fallen tech giant Intel is facing a crossroads

Intel CEO Pat GelsingerVMwareQualcomm approached Intel about a takeover, The Wall Street Journal reported.That potential deal could face antitrust scrutiny and political challenges.Intel has faced a decline in its valuation, and it plans to lay off 15,000 staff members.The chip giant Intel could be at a crossroads as it figures out its next steps amid its declining valuation and struggling business.Chip and wireless communications competitor Qualcomm approached Intel about a takeover deal, the Wall Street Journal reported Friday.

 

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