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Qualcomm may take over struggling Intel in biggest tech M&A deal ever: Report
With both Qualcomm and the currently struggling Intel looking to profit from the AI boom, it could be the largest tech M&A deal ever, though it is uncertain
Published on Sep 21, 2024 11:43 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Intel facing ‘most difficult period in its 56-year history’, exploring options
Intel reported a net loss of $1.61 billion last quarter and announced job cuts and reduced capital spending amid declining shares.
Published on Aug 30, 2024 09:35 AM IST
Bloomberg |
SoftBank scraps AI chips tie-up plan with Intel: Report
The partnership did not materialize after the US chipmaker struggled to meet SoftBank's requirements.
Published on Aug 15, 2024 10:24 AM IST
Intel sells stake in chip designer Arm Holdings
Intel would have raised about $146.7 million from the sale, based on the average price of Arm's stock between April and June.
Published on Aug 14, 2024 09:16 AM IST
Reuters |
OpenAI sought Intel's investment 7 years ago but this decision changed AI race
Over several months in 2017 and 2018, executives at OpenAI and Intel discussed various options, including Intel buying a 15% stake for $1 billion in cash.
Updated on Aug 08, 2024 08:50 AM IST
Reuters |