What how? Intel is still huge compared to Qualcomm no?
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.
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.
If this comes to pass, it’s remarkable to think about how close we might have come to a timeline where Broadcom acquired VMware, Qualcomm, and Intel.
A chill just went down my spine.
I often wonder how such an approach actually happens. One person sends the other a message via Tinder?
So this is how the tech dark ages start. The last 40yrs are erased, and we end up back in 1979 where everyone is selling a tech stack and nothing is compatible.
Rebuilding around something which isn’t C would be a bright side.
Qualcomm buying Intel would be a top 3 worst case. Broadcom or Marvel would be the other two.
Some funny scenarios: Nvidia buys Intel, IBM buys Intel, Apple buys Intel.
