• Pasta Dental@sh.itjust.works
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    2 months ago

    There are so many reasons why this won’t happen lmao

    Qualcomm has about 70% of Intel’s revenue, and their valuation is only twice as much as Intels. There is no way they could get a loan equivalent to half of their net worth to acquire intel, a company that is having some financial difficulties. Then there are regulators that will very likely block this acquisition. But this rumor made the Intel stock price go up and I made money, so keep the rumors coming!

    • sunbeam60@lemmy.one
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      2 months ago

      Who says loan? You could get a bunch of PE involved; they love a smashing together of entities to “create synergies” and “increase pricing power”.

    • hamsterkill@lemmy.sdf.org
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      2 months ago

      They don’t mention what the offer is. Very easily could be a stock-based deal where Intel stockholders get a portion of the combined company. That’s how T-Mobile bought Sprint.

  • sunzu2@thebrainbin.org
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    2 months ago

    100 billion dollars spent buying back shares…

    Parasitic “leadership”, no accountability, endless state aid…

    Welcome to today’s corporate America

    • GreenEngineering3475@lemmy.world
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      2 months ago

      This is never going to get regulatory approval. FTC will move to block the this acquisition.

      Qualcomm wasn’t allowed to buy ARM, no way it gets to buy Intel.

      • hamsterkill@lemmy.sdf.org
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        2 months ago

        I don’t recall Qualcomm trying to buy ARM. That was Nvidia. (though, yes, it likely would also have been prevented if it had tried)

        But they’d probably have a better (but still slim) chance of getting a purchase of Intel through. That’d be a more horizontal acquisition than a vertical one as Qualcomm doesn’t make x86 chips so they can at least argue it wouldn’t be anti-competitive.

  • Wooki@lemmy.world
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    2 months ago

    Good god no. Intel has a management & talent problem, that much has been evident for a long time.

  • ichbinjasokreativ@lemmy.world
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    2 months ago

    Change in leadership would also mean that the deal with AMD would have to be renegotiated, meaning that intel under qualcomm would not be legally able to create new 64-bit CPUs.

      • ichbinjasokreativ@lemmy.world
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        2 months ago

        No. AMD and Intel have a bunch of legally binding agreements that allow each other to manufacture CPUs that are essentially 100% compatible architecture-wise. You can install any OS on an Intel CPU, replace that CPU with one from AMD and expect things to work just the same (talking compatibility, not performance) and vice versa. The 64bit extension for the x86 architecture was created by and is patented by AMD. Intel are able to use that extension in any of their processors without paying royalties, but AMD are the owners of that specific technology. The contracts between these two companies also dictate that those contracts need to be renegotiated in case either company gets bought out, which makes me think that qualcomm would only care about buying intel because it would allow them to essentially permanently deadlock all negotiations and thus kill the x86 architecture, immediatly handing the entire CPU industry to ARM and, going by market share, themselves.

    • stupidcasey@lemmy.world
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      2 months ago

      That sounds wrong, AMD is leasing from intel right? So if they sell then INTEL would still be able to make x86. IF anything AMD would be the one affected, unless I’m missing something.

      • Phoenixz@lemmy.ca
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        2 months ago

        No, AMD actually did the 64 bit extensions, as a lot more.

        AMD has been working hard in innovating whereas Intel has been working hard riding it’s oen reputation into the ground whilst generating great short term profits for shareholders.