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!
They don’t mention what the offer is. Very easily could be a stock-based deal where Intel stockholders get a portion of the combined company. That’s how T-Mobile bought Sprint.
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”.
No no no
Good god no. Intel has a management & talent problem, that much has been evident for a long time.
100 billion dollars spent buying back shares…
Parasitic “leadership”, no accountability, endless state aid…
Welcome to today’s corporate America
Sounds more like them trying to boost their stock price with rumors.