Another rival is interested in Intel, in great difficulty

Sam Ibou September 27, 2024 2 min read

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Intel is suffering, its business is losing momentum and the stock price is in decline! An opportunity for competitors circling what has long been the world’s largest semiconductor maker. After Qualcomm, it was Arm which tried an approach.

The current difficulties ofIntel whet the appetite of rivals. Qualcomm would have proposed an acquisition pure and simple of the entire company, without knowing whether the offer interests Intel management. Such a merger would likely involve divesting several of Intel’s businesses to competitors to satisfy regulators.

Intel wins, rivals salivate

Another suitor would have knocked on the door of the semiconductor giant (or ex-giant?): arm. The British company would be particularly interested in the activity responsible for the sale of chips for PCs and servers. The group’s second division, the foundry which takes care of chip production, is not in Arm’s sights.

The rumor spread by Bloomberg has obviously not been confirmed by either party involved, but it is hard to imagine Intel selling its commercial activity as the company seeks to automate its production lines in order to attract customers and investors. Intel could even go so far as to make it completely independent.

It would be quite ironic to see Arm take over Intel, even if it’s only one part. After all, the company’s current problems are largely due to the advent of ARM-based chips in smartphones, which have now become powerful and efficient enough to run traditional computers and servers.

Intel announced the elimination of 15,000 positions And postponement of factory construction in Germany and Poland.