Qualcomm plans to buy Intel

On 20 September, The Wall Street Journal reported that Qualcomm is looking to acquire Intel. Although the deal has not yet been confirmed, sources indicate that it could be a big blow to Intel, which has been a leading chipmaker for many years thanks to its x86 architecture.

Here's What We Know

The New York Times also confirmed this information and noted that Qualcomm has not yet made a formal offer. If the deal goes through, it will be an important step for Qualcomm. This year, the company returned to the computer processor market as part of Microsoft's AI PC strategy after many years of working in the mobile chip industry.

Intel is in a difficult situation. The company announced a staff reduction of more than 15% after reporting a $1.6 billion loss. Intel CEO Pat Gelsinger announced the decision to stop unnecessary activities and spin off the company's chip manufacturing unit. Intel is focusing on important areas and trying to improve the efficiency of its business processes.

Intel has faced challenges in manufacturing, having to partially rely on TSMC to produce its chips as its own manufacturing efforts are still recovering. At the same time, the company has lost the trust of gamers after problems with its flagship chips.

Intel is trying to find new solutions to maintain its position in the market, as Qualcomm, AMD, and Apple are actively competing in the laptop segment. Whether Intel will be able to cope with the competition will become known with the launch of new Lunar Lake chips in October.

Source: The Wall Street Journal, New York Times