Qualcomm considering buying parts of Intel's chip-design business
Anonymous sources familiar with the matter told Reuters that Qualcomm executives have been examining Intel's various design units for months
Say it isn't so: It's no secret that Intel has been going through a rough patch lately. Sensing an opportunity, Qualcomm has been eyeing Intel's design units with great interest. It is reportedly exploring acquiring Team Blue's PC design division.
Anonymous sources familiar with the matter told Reuters that Qualcomm executives have been examining Intel's various design units for months to determine whether any would fit their product portfolio. Some segments are more enticing than others for the mobile-first firm. While the mainline PC client design business is the real prize, others, like server chips, are less attractive.
It's worth noting that Qualcomm hasn't begun any negotiations with Intel about a potential acquisition yet. An Intel spokesperson also clarified to Reuters that the company is "deeply committed" to its PC business, which might throw a wrench in Qualcomm's plans.
Still, the mere fact that Qualcomm is considering this move is fascinating. The company likely has the funds to pull it off, too. Qualcomm's worth is nearly twice that of Intel, boasting a market cap of $184 billion. Meanwhile, Team Blue's value has shrunk to less than $100 billion.