9 points
Intel is about 5 times the size of Qualcomm in terms of equity.
i found this article:
Intel’s shares closed up 3.3%, while Qualcomm fell 2.9%. Qualcomm, with a market capitalization of $188 billion, is worth about twice as much as Intel.
So based on Intel’s shitty stock price, Qualcomm can buy a good chunk of Intel which is enough for voting power I guess. Someone please correct me or add insight to this.
8 points
I knew intel have been doing horribly recently, but they are only $83.3B market cap, I had no idea they shit the bed this much.
5 points
5 points