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Qualcomm reportedly approached Intel about takeover

  • Qualcomm recently approached Intel about a takeover, as reported by The Wall Street Journal on Friday, citing sources close to the situation.
  • The report indicated that a takeover is uncertain and may face antitrust scrutiny due to decreased competition in the PC chip market.
  • Industry analysts suggest that while a deal might provide cash, it could also lead to significant challenges given the current political climate.
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  • 48% of the sources are Center
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