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Qualcomm Reportedly Taps Intel With An Acquisition Offer
(wccftech.com)
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this post was submitted on 21 Sep 2024
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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.