Qualcomm wants to buy Intel

Qualcomm wants to buy Intel: Once the world’s most valuable chipmaker, Intel is in a sharp decline — shares are down 60% this year. No formal offer is on the table yet from Qualcomm, the leading supplier of smartphone chips. The move will probably trigger antitrust scrutiny (paywall link), meaning they’ll have to divest parts of Intel to make it work.

Tags: antitrust, Link, smartphones, work