Qualcomm (QCOM) has been exploring acquiring parts of Intel's (INTC) chip design business, according to a report from Reuters. The news comes amid news from Bloomberg that Intel has been exploring strategic options in a bid to improve the company's fortunes. In the video above, Yahoo Finance tech editor Dan Howley discusses the report and what it could mean for the companies. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
Intel has been in the news lately, and most of the time the news hasn’t been good. The latest: That Qualcomm has looked into acquiring part of Intel’s chip design business, according to a Reuters report Friday, which cited sources familiar with the matter. Intell and Qualcomm did not reply to requests for comment from Barron’s.
(Bloomberg) -- Intel Corp. is considering options for its stake in its struggling automated driving systems provider Mobileye Global Inc. as part of a major strategy overhaul, people with knowledge of the matter said. Shares of Mobileye fell to a record low.Most Read from BloombergWorld's Second Tallest Tower Spurs Debate About Who Needs ItThe Plan for the World’s Most Ambitious Skyscraper RenovationMadrid to Ban E-Scooter Rentals, Following Lead Set in ParisThe Outsized Cost of Expanding US Roa