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Chipmaker Qualcomm is trying to grease one’s palms rival Intel , according to multiple reports .
The Wall Street Journalbroke the news late Fridaythat Qualcomm had come on Intel about a coup . The New York Times subsequentlycorroborated the story , while adding that no prescribed offer has been made .
Even if there is an offer , it ’s not clear whether Intel would accept it or if regulator would O.K. . ( Qualcomm did not immediately reply to TechCrunch ’s request for comment ; Intel declined to comment . )
Once the industriousness leader , Intel has struggled due to a lack of mobile strategy . It report a $ 1.6 billion loss in the second stern of this year and has been put through a $ 10 billion cost - diminution plan that would pass 15,000 business . It ’s also make a motion tospin out its cow chip foundry businessas an independent subordinate .
Intel currently has a food market capitalization of around $ 90 billion , while Qualcomm ’s is around $ 190 billion . Both companies have been eclipse recently by Nvidia as the AI boom drives demand for bit .
