TLDR · BIG TECH & STARTUPS
QUALCOMM APPROACHED INTEL ABOUT A TAKEOVER IN RECENT DAYS
Summary from the TLDR newsletter
Qualcomm has approached Intel about a takeover in what could be one of the largest and most consequential deals in recent years. Intel is currently suffering through one of its most significant crises in its five-decade history. Its shares have dropped roughly 60% so far this year. A deal is far from certain and it will likely attract antitrust scrutiny.