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[-] independantiste@sh.itjust.works 4 points 1 hour ago

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!

[-] sunzu2@thebrainbin.org 11 points 2 hours ago

100 billion dollars spent buying back shares...

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

Welcome to today's corporate America

[-] Wooki@lemmy.world 6 points 2 hours ago* (last edited 2 hours ago)

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

[-] rob_t_firefly@lemmy.world 2 points 22 minutes ago

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

[-] SomeGuy69@lemmy.world 7 points 3 hours ago

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

[-] avidamoeba@lemmy.ca 13 points 4 hours ago
[-] GreenEngineering3475@lemmy.world 15 points 4 hours ago* (last edited 4 hours ago)

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.

this post was submitted on 21 Sep 2024
33 points (90.2% liked)

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