
Qualcomm is rumored to acquire part of Intel's chip design business

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According to Reuters, two sources familiar with the matter said that Qualcomm has been studying the possibility of acquiring part of Intel's design business. Qualcomm has looked into acquiring different departments of Intel, with Qualcomm executives showing a strong interest in Intel's client PC design business, but Qualcomm is also focusing on all of its design departments. Qualcomm's interest and plans are not yet finalized and may change. Intel stated that Qualcomm has not contacted the company regarding a potential acquisition, and reiterated that the company is firmly committed to its personal computer business
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