Good Luck to Qualcomm in Getting Intel Inside: Chris Hughes

There’s opportunism — and there’s Qualcomm Inc.’s approach to buy Intel Corp. The acquisitive semiconductor giant has an opening to attempt such a momentous deal thanks to the yawning gap between their market capitalizations. The snag is that many obstacles remain to a successful transaction.

Intel is the legacy name in the chip industry. Qualcomm would make history gobbling it up. That is surely the main attraction. “Intel Inside” would become sadly ironic.

There’s been quite a turn in fortunes on both sides. Intel shares are down more than 50% since the beginning of 2024, and the company was valued at $93 ...