Chip industry is about to shake! It is reported that Apple, Samsung, and Qualcomm are vying to acquire Intel

11/03 2024 424

Fast technology news on November 2, according to the latest foreign media reports, in addition to Qualcomm, which is very interested in acquiring Intel, Apple and Samsung are also joining in.

For Qualcomm, which is currently at odds with Arm, the prospect of owning x86 IP is very attractive.

On the other hand, Apple currently has an Arm-based SoC hardware department that produces custom chips for all devices, including Macs, which would greatly assist in acquiring Intel. Samsung shares the same motivation.

Intel still maintains a huge market share in the PC and server processor markets, but the company's stock price has been declining for several quarters, causing its valuation to drop to a level where any other large tech company could potentially acquire it.

Intel is currently struggling. As part of its restructuring plan, the company will lay off more than 15% of its workforce, which amounts to over 15,000 jobs, and suspend dividends starting from the fourth quarter, aiming to save $10 billion by 2025. Intel's second-quarter revenue declined by 1% to $12.83 billion, with a net loss of $1.61 billion.

In terms of artificial intelligence, Intel is currently far behind AMD and NVIDIA. The company's current transformation is very passive, but whether they can ultimately be acquired also depends on whether we approve it, which is unlikely.

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