Intel has received a takeover bid from Qualcomm at a time when the storied chip giant has been struggling.Getty ImagesOne of Silicon Valley's most storied companies has just become an acquisition target.Intel, which is struggling, has been approached by Qualcomm over a potential takeover, according to reports.While Qualcomm may want to explore a takeover, there are plenty of reasons why it probably won't happen.If Qualcomm sees it through, its takeover bid of Intel would likely be the biggest in Silicon Valley history.
Similar Stories to Qualcomm Has Good Reasons To Bid For Intel — But A Takeover Probably Won't Happen on Bing News
hchowdhury@insider.com (Hasan Chowdhury), Business Insider
Mon, 09/23/2024 - 8:32am
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BING NEWS:
- How Intel became a takeover target
Intel has gone from the world's most valuable chipmaker to the target of a takeover bid, after a series of missteps in recent years has left the company in a vulnerable position.
09/23/2024 - 6:19 am | View Link - Qualcomm has good reasons to bid for Intel — but a takeover probably won't happen
The embattled chip giant has become a takeover target in recent days, but the tough act of separating the pros from the cons make a takeover unlikely.
09/23/2024 - 4:38 am | View Link - Jump on Intel Now: Qualcomm's Bid Could Ignite a Rally
After experiencing a declining trend since its highs in 2021, Intel Co. (NASDAQ: ITNC) stock is now trading at a mere 43% of its 52-week high today. While this price action could have caused most to ...
09/23/2024 - 3:24 am | View Link - Why Intel Has Become a Bid Target
With its market value down sharply, Intel has become a takeover target. That shows how strategic missteps and the artificial-intelligence boom have together reshaped the fortunes of America’s most ...
09/22/2024 - 9:56 pm | View Link - Asking Doesn't Mean Buying
News broke late last week of Qualcomm approaching Intel for a potential takeover. Read why we don't think the deal will lead anywhere.
09/22/2024 - 3:36 pm | View Link - More
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