In September, reports claimed that Qualcomm had made atakeover offerto rival Intel.
Intel’s fortunes hit a nadir earlier this month when Nvidiareplacedit in the Dow Jones index.
Such a massive deal would undoubtedly face intense scrutiny from regulators, both domestically and globally.
Now, Bloomberg reports that Intel’s appeal is waning in the eyes of Qualcomm.
Qualcomm reportedly explored acquiring portions of Intel’s design business before considering the purchase of the entire company.
This means every detail would be under the spotlight.
Qualcomm’s fears of regulatory hurdles are well-founded.
The company said that the intense regulatory scrutiny the deal faced prevented the transaction from being completed.
