Qualcomm is considering buying Intel. At least that’s the information we’re hearing from the Wall Street Journal, which says the semiconductor company behind Snapdragon chips has approached its long-time rival for a deal. a possible acquisitionThis is a move that has not gone unnoticed because it comes at a time when Intel is trying to overcome one of its most severe crises in years.
Sources consulted by the aforementioned newspaper warn that the agreement “is far from certain.” A commercial operation of such magnitude, we are talking about two semiconductor giants, would attract the attention of various regulators and competitors. The United States, however, could take advantage of this move to strengthen its leadership in this strategic industry in its technological war with China.
Two heavyweights in the semiconductor sector
Until recently, a scenario in which another technology company would Buy Intel was hard to imagine. The company ruled the semiconductor sector with an iron fist. But things have changed. Their shares have fallen amid its challenges to stay ahead in an increasingly competitive environment. As a result, its market capitalization has also plummeted, allowing for a possible takeover.
Until recently, a scenario in which another technology company would buy Intel was hard to imagine. The company ruled the semiconductor industry with an iron fist. But things have changed. Its shares have fallen amid its struggles to stay ahead in an increasingly competitive environment. As a result, its market capitalization has also plummeted, opening up a potential takeover.
Intel, for example, was valued at over $290 billion in 2020. At the time of writing, CompaniesMarketCap data shows a market capitalization of $1.8 billion. just over 93.9 billion dollarsQualcomm, meanwhile, is valued at more than $188 billion. That means the Snapdragon chip company, which rules the mobile world, has twice as much value as its rival in the desktop PC sector.
Qualcomm’s financial muscle is substantially greater than Intel’s, but it would have to make a number of internal moves to complete the acquisition. The Wall Street Journal suggests that it could sell off some of its assets. An important point is that Qualcomm could also get rid of parts of Intel if a deal is reached. We do not know, however, which divisions would be affected in this case.
In development.
Images | Intel | Qualcomm
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