The Wall Street Journal reported Intel had been approached by Qualcomm about a possible takeover, though any deal is described as “far from certain.” Qualcomm reentered the desktop processor market this year as part of Microsoft’s AI PC strategy after years of dominance in mobile processors. Intel announced substantial cuts, shifts in strategy, and a 15-plus percent downsizing of its workforce this August after reporting a $1.6 billion loss.
The Wall Street Journal reported Intel had been approached by Qualcomm about a possible takeover, though any deal is described as “far from certain.” Qualcomm reentered the desktop processor market this year as part of Microsoft’s AI PC strategy after years of dominance in mobile processors. Intel announced substantial cuts, shifts in strategy, and a 15-plus percent downsizing of its workforce this August after reporting a $1.6 billion loss.