Elon's jet is in Florida, Global Foundries jet is in Florida, Qualcomm's jet is in Florida: they're all at Mar-a-Lago... Intel buyout being discussed.
Intel's failure could present geopolitical risks, according to industry insiders, because it builds U.S. chip production. Intel is desperate, and a buyout might save the company. This article first appeared on GuruFocus.
Shares of Intel were up more than 2% Tuesday afternoon, extending Friday gains that were powered in part by deal-related rumors.
Following CES 2025, the newest and arguably coolest thin-and-light laptop on the block is the Asus Zenbook A14. That one doesn’t appear to be in anyone’s hands yet, but it already has a new challenger.
Qualcomm has rounded up its lineup of AI-powered Snapdragon X series chips with its announcement of the Snapdragon X, making Copilot+ PCs more affordable. Today, the company showed off the performance of its CPUs compared to Intel Lunar Lake devices, and there's a huge difference in performance.
Qualcomm launched its first Arm-based PC CPUs last year, and although they haven't exactly been a smash hit, partly because of compatibility problems, Arm-based PC are likely to be here to stay. Qualcomm is now seemingly looking to re-enter the server CPU market with new chips.
Given the plunge in the stock price and its considerable assets, as well as brand name, an acquisition of Intel is certainly not farfetched. Intel hasn't said it is looking to be acquired, but the business is currently without a permanent CEO, and the stock has been in free fall, losing 60% of its value last year.
Former Intel Xeon chief architect Sailesh Kottapalli said he has joined Qualcomm as the chip designer builds out a team to enter the data center CPU market.
The chip giant at the end of November said it would sell its 1.5 million-square-foot Folsom campus and lease back just the space it needs as it tries to raise money.
Shares of Qualcomm Inc. (QCOM) gained over 1% in mid-day trade on Tuesday after analysts at JPMorgan placed the stock on their “Positive Catalyst Watch” ahead of first-quarter earnings. Qualcomm is set to report its December quarter results on Feb.
The Fujitsu FMV Note U is a laptop with a 14 inch, 1920 x 1200 pixel display, and support for up to an Intel Core Ultra 7 258V Intel Lunar Lake processor with 32GB of LPDDR5x-8533 RAM and Intel Arc 140V integrated graphics.