According to Reuters, sources familiar with the matter revealed that Qualcomm is currently exploring the possibility of acquiring a portion of Intel’s chip design business. Intel itself is undergoing a corporate restructuring phase, considering asset sales or divestment of unprofitable units.
The report indicates that Qualcomm has a keen interest in acquiring the PC chip design segment, while the server chip business is not a priority. However, Qualcomm is evaluating the entire scenario.
Representatives from Qualcomm declined to comment on the news, while Intel officials mentioned that the company still values its PC business.
Source: Reuters
TLDR: Qualcomm is looking into buying part of Intel’s chip design business, focusing on PC chips while Intel is restructuring. Qualcomm is evaluating the acquisition, while Intel remains committed to its PC business.
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