Qualcomm is still interested in buying Intel, but will wait for the US elections

It was one of the most surprising news in recent times, just raising the idea that Qualcomm could absorb Intel would be crazy not too many years ago. However, the bad times that the company is going through, whose stock market value has fallen more than 50% so far this yearwith announcements of massive layoffs and problems in its manufacturing processes that have caused it to delegate part of its production to TSMC, among other problems; It contrasts with the current good situation of Qualcomm, which continues to maintain a leadership position in the SoC market for smartphones, and has redoubled its presence in the PC market.

Since those first reports at the end of September that pointed to Qualcomm’s interest in acquiring Intel, the topic seemed to have cooled down. Until now.

According to the Canadian news agency BNN BloombergQualcomm would not have ruled out the idea of ​​acquiring what, in other times, was the largest chip manufacturer in the world. The company would still be interested in buying Intel, but they would be waiting for the US elections to see the position of the new government and its influence in the face of possible measures by antitrust agencies, or the direction taken by the new administration’s relations with China (an important market for both Intel and Qualcomm).

That is when the company would decide how to proceed with an attempted acquisition of the processor giant.

Therefore, it seems that we will have to wait until the beginning of 2025, when the new US government is expected to be formed, to see if Qualcomm is still interested and tries what, surely, It will be one of the largest operations in the technology sector in its entire history.

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