Qualcomm's potential Intel buyout could raise antitrust, foundry concerns


FILE PHOTO: Qualcomm logo is seen in this illustration taken, May 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -A potential deal to buy Intel could accelerate Qualcomm's diversification but will burden the smartphone chipmaker with a loss-making semiconductor manufacturing unit that it may struggle to turn around or sell, analysts said.

A buyout will also face tough antitrust scrutiny globally as it would unite two crucial chip firms in what would be the sector's biggest ever deal, creating a behemoth with a strong share of the smartphone, personal computer and server markets.

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