• Pasta Dental@sh.itjust.works
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    1 month ago

    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!

    • hamsterkill@lemmy.sdf.org
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      1 month ago

      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.

    • sunbeam60@lemmy.one
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      1 month 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”.

  • Wooki@lemmy.world
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    1 month ago

    Good god no. Intel has a management & talent problem, that much has been evident for a long time.

  • sunzu2@thebrainbin.org
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    1 month ago

    100 billion dollars spent buying back shares…

    Parasitic “leadership”, no accountability, endless state aid…

    Welcome to today’s corporate America