National security concerns in the US might add a potent tailwind to Qualcomm's purported buyout offer for Intel.
    • GreenEngineering3475@lemmy.worldEnglish
      2·
      6 months 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.

  • sunzu2@thebrainbin.org
    1·
    6 months ago

    100 billion dollars spent buying back shares…

    Parasitic “leadership”, no accountability, endless state aid…

    Welcome to today’s corporate America

  • Pasta Dental@sh.itjust.worksEnglish
    0·
    6 months 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!

    • hamsterkill@lemmy.sdf.orgEnglish
      1·
      6 months ago

      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.