Qualcomm has approached Intel for a potential buyout, raising concerns over antitrust issues and the challenges of integrating Intel's loss-making semiconductor manufacturing unit. Analysts suggest that while Qualcomm's diversification could benefit, the acquisition may burden the smartphone chipmaker. Intel, valued at $100 billion, is also being eyed by other potential suitors, including private equity firms. Financial troubles, including $53bn debt, and national security concerns could hinder a complete sale. Intel's stock has seen significant activity, with large block trades and a 4% increase in recent trading sessions. Intel has also received $3.5BLN in funding recently. Some experts argue that Intel's CEO should focus on executing a turnaround plan rather than entertaining acquisition offers.
Without profits to reinvest—and with $53bn of debt already—Intel relies on a growing pile of subsidies and private financing. But neither the government nor financiers can fund the firm for ever. Could a takeover be on the cards? https://t.co/SjTF98yrIv 👇
$INTC BIG BUYS AFTER HOURS BLOCK TRADE 2.414 MILLION SHARES AT $23.54 BLOCK TRADE 3.576 MILLION SHARES $23.54
$INTC getting some action after hours https://t.co/SiCGQlbuz0