Exclusive-Qualcomm has explored acquiring pieces of Intel chip design business, sources say

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SAN FRANCISCO/NEW YORK : Qualcomm has explored the possibility of acquiring portions of Intel's design business to boost the company's product portfolio, according to two sources familiar with the matter.

Earlier this week Intel launched a new PC chip called Lunar Lake that its executives said offers superior performance for AI applications.

Intel reported a disastrous second quarter last month, which included a 15 per cent reduction in its staff and a pause on paying dividends.

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Category: EconomyBusiness

Markets: SingaporeChinaTaiwan

Topics: Intel Cash Pieces Business Executives Sources Mobile Design Qualcomm Generate Plans

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 11:41:58 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 480 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 22387105

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