Qualcomm considers acquiring Intel's client PC design business amid Intel's divestment plans.

Qualcomm is reportedly considering acquiring segments of Intel's design business to enhance its product offerings. This interest arises as Intel faces cash flow challenges and plans to divest certain units. Qualcomm is particularly focused on Intel's client PC design business, though it has not yet made an official move. Intel, struggling with declining revenue and staff reductions, aims to streamline operations amid a weak PC market.

September 06, 2024
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