Troubled titan: Gelsinger speaking at an event in Taiwan. Intel is delaying plans to build two mega factories in Germany and Poland as the company faces lower demand. — AFP
SAN FRANCISCO: Qualcomm has in recent days approached Intel to explore a potential acquisition of the troubled chipmaker, a source familiar with the situation says, in what could be a transformational deal in the sector but faces many hurdles.
Qualcomm CEO Cristiano Amon is personally involved in the negotiations to acquire five-decade-old Intel, according to the source who was briefed on the matter.
