Comment Qualcomm may be after more than Intel's PC design business as it has reportedly approached the x86 giant about a possible takeover.
A potential Qualcomm takeover by Intel 'makes sense': Analyst
That's what unnamed sources told the Wall Street Journal for a report published Friday. CNBC also said it had heard the same rumor: that Qualcomm approached Intel about a takeover in recent days.
Surprise, surprise, details surrounding the alleged acquisition plans, which are apparently far from certain, are thin to say the least. This could be nothing more than Qualcomm wanting to talk to Intel about possibilities.
That hasn't stopped Intel's shares from rallying while Qualcomm's has fallen, as the news was met with a mix of optimism and concern among investors.
