A takeover of Intel could push Qualcomm into new realm: Strategist [Yahoo! Finance Canada]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance Canada
market strategist Cory Johnson sits down with Josh Lipton and Julie Hyman on Market Domination to take a closer look at what a potential acquisition would mean for the two chip companies. “This would be the biggest deal in the history of the semiconductor industry, ever,” Johnson says, explaining, “Intel was once the largest semiconductor company in the world. It is no longer… They are still very much wedded to selling chips into PCs because their business is selling chips into the data center has just not worked out. They've missed so many product cycles with Nvidia ( NVDA ) cleaning their clocks in the data center, and that shows no sign of any immediate change.” Johnson notes that Intel's recently announced deal with Amazon Web Services ( AMZN ) could give some hope that “they're going to be able to get some of their semiconductor manufacturing business into a better place as they build out facilities all around the world, and especially in the US.” Looking at how a merger wo
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AMZN
Earnings
- 10/31/24 - Beat
AMZN
Sec Filings
- 11/8/24 - Form 4
- 11/8/24 - Form SC
- 11/7/24 - Form 13F-HR
- AMZN's page on the SEC website