Qualcomm Reportedly Taps Intel With An Acquisition Offer

Avieshek@lemmy.world to Technology@lemmy.world – 76 points –
Qualcomm Reportedly Taps Intel With An Acquisition Offer
wccftech.com
19

100 billion dollars spent buying back shares...

Parasitic "leadership", no accountability, endless state aid...

Welcome to today's corporate America

There are so many reasons why this won't happen lmao

Qualcomm has about 70% of Intel's revenue, and their valuation is only twice as much as Intels. There is no way they could get a loan equivalent to half of their net worth to acquire intel, a company that is having some financial difficulties. Then there are regulators that will very likely block this acquisition. But this rumor made the Intel stock price go up and I made money, so keep the rumors coming!

They don't mention what the offer is. Very easily could be a stock-based deal where Intel stockholders get a portion of the combined company. That's how T-Mobile bought Sprint.

Who says loan? You could get a bunch of PE involved; they love a smashing together of entities to “create synergies” and “increase pricing power”.

No no no

This is never going to get regulatory approval. FTC will move to block the this acquisition.

Qualcomm wasn't allowed to buy ARM, no way it gets to buy Intel.

Edit :I stand corrected.

It was Nvidia trying to buy ARM.

I don't recall Qualcomm trying to buy ARM. That was Nvidia. (though, yes, it likely would also have been prevented if it had tried)

But they'd probably have a better (but still slim) chance of getting a purchase of Intel through. That'd be a more horizontal acquisition than a vertical one as Qualcomm doesn't make x86 chips so they can at least argue it wouldn't be anti-competitive.

I don't recall Qualcomm trying to buy ARM.

Thanks for correcting me.

That'd be a more horizontal acquisition than a vertical one as Qualcomm doesn't make x86 chips so they can at least argue it wouldn't be anti-competitive.

Not sure if AMD and Nvidia, will see it that way, and they will probably lobby to stop the deal.

It won't, the market share is generally complementary, not competitive, the sectors tend to be different (more or less until recently).

Mostly, if people are really scared into might fold (unlikely, but we don't know everything) then the ftc will roll out the red carpet for a player like Intel.

Doubt it will happen, qcomm is too smart, but it's not unthinkable, and it would give qcomm domination over US cpus, save hyperscalers.

It only happens if people are truly terrified.

Sounds more like them trying to boost their stock price with rumors.

Good god no. Intel has a management & talent problem, that much has been evident for a long time.

So they're fine apart from the people doing the work, and the people directing that work?

That, and the work being done and the facilities to do the work. Other that that, they're dandy.

One would solve the other quite quickly