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Qualcomm has approached Intel with an acquisition offer

A lot has to happen before any deal materializes
What just happened? It is no secret that Intel is struggling. The tech giant's stock price has plummeted in recent years, making it a viable takeover target. An offer from Qualcomm is now on the table, and if it materializes, it could significantly alter the semiconductor industry's trajectory. But first, the companies will have to pick their way through a minefield of financial, regulatory, and strategic considerations.
struggling intel intel altera pat gelsinger chipmakers intel foundry

Struggling Intel is considering selling divisions and slashing expenditures

The company's Altera programmable chips unit could be on the chopping block
In brief: Desperate times call for desperate measures at Intel. The once-dominant chipmaker is putting everything on the table as it scrambles to regain its footing in the AI era. According to sources familiar with the company's plans, CEO Pat Gelsinger and other top executives are preparing an ambitious proposal to streamline Intel's operations. This strategy, set to be presented to the board later this month, could see the company shedding entire business units and slashing capital expenditures.