Qualcomm Eyes Potential Record-Breaking Takeover of Intel

Intel`s stock rose following a Wall Street Journal report suggesting Qualcomm had considered acquiring the company. While no deal is guaranteed, the news sparked a stock rebound for struggling Intel, which has experienced declining sales and lost its technological advantage. Such an acquisition would be the chip industry`s largest ever, potentially reshaping the sector. Qualcomm`s stock dipped on the news, reflecting investor concern about the risks associated with such a massive deal. While acquiring Intel could give Qualcomm access to manufacturing capabilities and a major industry name, Intel`s existing issues and Qualcomm`s lack of experience in manufacturing and advanced production technology pose significant challenges.