this post was submitted on 21 Sep 2024
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[–] independantiste@sh.itjust.works 21 points 2 months ago (2 children)

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!

[–] sunbeam60@lemmy.one 2 points 2 months ago

Who says loan? You could get a bunch of PE involved; they love a smashing together of entities to “create synergies” and “increase pricing power”.

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