This chapter examines Qualcomm's strategy regarding a potential takeover of Intel, along with the market's response, particularly in terms of Qualcomm's share price trends. It also explores the competitive landscape of the semiconductor industry and the economic factors influencing investor sentiments on such corporate actions.
Intel shares soared after the Wall Street Journal reported that Qualcomm approached the company about a takeover, a potential record-setting deal for the chip industry. For instant reaction and analysis, hosts Carol Massar and Matt Miller speak with Bloomberg Technology co-host Ed Ludlow.
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