According to reports, Qualcomm, which just made its debut in the PC CPU market, is thinking about acquiring Intel. The Wall Street Journal reported that Qualcomm had contacted Intel over a possible purchase. The acquisition is characterized as "far from certain," though, and would probably be subject to intense regulatory examination.

For Intel, things haven't been going very well lately due to growing competition and financial difficulties. The business recently revealed that it had lost $1.6 billion and that it intended to fire more than 10,000 workers.

According to reports, Intel is worth $87 billion; but, in one year, the company's shares have fallen by 60%. This sharp decline can be attributed to heightened competition, changes in technology, and possibly poor strategic choices.

When Intel lost Apple, one of its biggest customers, in 2020, it suffered one of the worst setbacks. A significant change in the industry was brought about by the Cupertino-based tech giant's switch from Intel-based CPUs to its own specially developed M-series chips, which are based on the ARM architecture.

The company Qualcomm, best known for the Snapdragon chips that power a large number of Android devices, has been making inroads into the PC industry. The Snapdragon X Plus and Snapdragon X Elite processors, which the business just released, have garnered positive feedback due to their AI capabilities and efficiency. Qualcomm may be able to further solidify its position in the PC and server industries by acquiring Intel, which may give Qualcomm access to important resources and technology.

In contrast to Intel, Qualcomm depends on Samsung and Taiwan Semiconductor Manufacturing Company (TSMC) for the production of its chips. Since Nvidia's CPUs have been essential to the entire generative AI revolution, Intel has likewise fallen behind in the fight for artificial intelligence.

Qualcomm and Intel have not responded to rumors of a deal.