What you need to know
- A new report claims Qualcomm has approached Intel about a possible takeover of the company in recent days.
- The report claims a potential buyout or deal is “far from certain” at this stage.
- The news comes as Intel cuts thousands of jobs, recently reporting a $1.6 billion loss.
As a tech enthusiast who has witnessed the ebb and flow of the industry for decades, I must say that the potential takeover of Intel by Qualcomm is indeed intriguing. If this were to happen, it would be a significant shift in the landscape of the technology world, much like the merger of Dell and EMC was back in 2016.
According to a recent article in The Wall Street Journal, Qualcomm has expressed interest in acquiring Intel. However, it’s important to note that a takeover is not guaranteed yet, but it appears that negotiations about this possibility may be taking place.
The prospect of Intel being taken over is significant news, indicating how challenging things have been for the x86 titan in the past few years. Lately, the company disclosed a loss of $1.6 billion and announced plans to reduce its workforce by more than 10,000 people as part of cost-cutting measures. Additionally, Intel has been struggling to keep pace with the latest silicon advancements from competitors such as Apple Silicon and Snapdragon X in the mobile sector.
Intel has encountered problems with its latest desktop processors. Specifically, it was found that the 13th-generation and 14th-generation chips may suffer permanent damage due to an over supply of voltage to the CPU. As a result, Intel is extending the warranty on these chips by an extra two years.
Qualcomm has recently entered the PC market with Snapdragon X, which launched earlier this year to high praise after a close partnership with Microsoft led to the platform having a Copilot+ PC exclusivity window of around six months. It was the first time Windows on Arm became a truly viable alternative to Windows on Intel and AMD.
Undeniably, if Qualcomm is indeed planning a takeover of Intel, it must secure approval from regulatory authorities worldwide. Not long ago, NVIDIA attempted to purchase Arm for $40 billion in 2020, but the deal was ultimately vetoed due to tough regulatory hurdles. A potential acquisition of Intel would likely encounter similar obstacles.
Still, it’s interesting to hear that Qualcomm is eager to step into this space. The company is onto a winner with Snapdragon X, and taking over Intel would squash its biggest rival in the Windows space.
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2024-09-21 00:09