Comment on Qualcomm wants to buy Intel

tal@lemmy.today ⁨3⁩ ⁨months⁩ ago

• jordanlund@lemmy.world ⁨3⁩ ⁨months⁩ ago

  I was skeptical myself, but after the whole “AOL/Time Warner” thing, nothing surprises me anymore.

  Check this out:

  Qualcomm:
  companiesmarketcap.com/qualcomm/marketcap/
  #69 Rank
  $188.17 B Marketcap
  $168.92 Share price

  Intel:
  companiesmarketcap.com/intel/marketcap/
  #186 Rank
  $93.38 B Marketcap
  $21.84 Share price

  I mean, it looks like they COULD.

  source

  • franklin@lemmy.world ⁨3⁩ ⁨months⁩ ago

    I just don’t think, regardless of financial situation, Intel would want to put them in their post right now. Everything they’ve communicated to their shareholders and the public at large signals that despite a recent downturn, they really believe they have a strategy for long-term market dominance.

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    • avidamoeba@lemmy.ca ⁨3⁩ ⁨months⁩ ago

      Qualcomm is also American.

      Whether Intel sells or not is decided by its major shareholders, pending regulatory approval, not Intel’s execs or employees. Those shareholders would likely receive shares of Qualcomm which would now include Intel’s expected future profits, or cash that they can use to buy Qualcomm shares to capture those profits.

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      • franklin@lemmy.world ⁨3⁩ ⁨months⁩ ago

        Good points. I guess what I should have more accurately said is that Intel has a long standing working relationship with the American government.

        Given that Intel is an asset to national security. I think any sort of buyout would be under intense scrutiny from the US government.

        I did miss that Qualcomm was also American though, but I still think about it would be treacherous regardless.

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