Qualcomm approaching Intel with a deal?

[SpyderTracks]

Oooo, this could be big news! The sharks are circling.

Bear in mind, this is off the back of Intel having their worst years financial results ever, plus sacking around 20,000 staff and their stock price bottoming out.

Apparently Qualcomm have approached them with talks of a buyout.

From what I understand, Intel are looking to divest their foundries from the rest of the company, so this would purely be for the manufacturing side

Qualcomm is reportedly trying to take over Intel

If sources are to be believed, Qualcomm wants to strike while the iron is hot.

www.xda-developers.com

Gelsinger (Intel CEO) is in major hot water though, I can’t see him retaining his position too much longer. And it’s things like this that often lead to hostile takeovers when a segment of the board lose faith in the CEO

 

[Martinr36]

Interesting, also the comment near the bottom that the latest AMD aren't selling very well

 

[SpyderTracks]

Interesting, also the comment near the bottom that the latest AMD aren't selling very well

Yeah, a few retailers posting single digit sales figures!

 

[TonyCarter]

Yeah, a few retailers posting single digit sales figures!

I wouldn't be surprised if that's a combination of lack of performance uplift for the price uplift, plus no X3D versions, plus people waiting for USB4/TB4 motherboards to make the most of a new build (at least that's what I'd be doing if I was building a £3k 4K gaming / production rig right now.

 

[SpyderTracks]

I wouldn't be surprised if that's a combination of lack of performance uplift for the price uplift, plus no X3D versions, plus people waiting for USB4/TB4 motherboards to make the most of a new build (at least that's what I'd be doing if I was building a £3k 4K gaming / production rig right now.

I think it’s a really foolish decision to delay the X3D parts so late, they should have released those this month, whereas the rumours are they’ll be announced at CES in January.

I get it, they want something to come back if arrow lake turns out to be a success but I don’t think it’s helping AMDs image

 

[Martinr36]

I wouldn't be surprised if that's a combination of lack of performance uplift for the price uplift,

Bearing this in mind you, start to wonder how much further they can actually push things in the retail market

 

[Scott]

Corporate greed knows no bounds, no corporation I know has ever been an exception.

 

[SpyderTracks]

Oooo, this could be big news! The sharks are circling.

Bear in mind, this is off the back of Intel having their worst years financial results ever, plus sacking around 20,000 staff and their stock price bottoming out.

Apparently Qualcomm have approached them with talks of a buyout.

From what I understand, Intel are looking to divest their foundries from the rest of the company, so this would purely be for the manufacturing side

Qualcomm is reportedly trying to take over Intel

If sources are to be believed, Qualcomm wants to strike while the iron is hot.

www.xda-developers.com

Gelsinger (Intel CEO) is in major hot water though, I can’t see him retaining his position too much longer. And it’s things like this that often lead to hostile takeovers when a segment of the board lose faith in the CEO

So it's official, Pat Gelsinger has been sacked by the board