A potential Qualcomm takeover of Intel 'makes sense': Analyst [Yahoo! Finance Canada]
Intel Corporation (INTC)
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Source: Yahoo! Finance Canada
takeover . Bob O'Donnell, TECHnalysis Research president and chief analyst, joins Market Domination to break down the news and what it could mean for the struggling chip designer. "It would be an enormous change. I do think in the current regulatory environment, it's going to be very difficult for Qualcomm to pull it off. I mean, there is a certain logic to it... Obviously, Qualcomm is this very successful US-based chip designer. Intel's got their own business. They have had a lot of challenges..." O'Donnell tells Yahoo Finance. "It's not surprising to me that we've seen some people, potential suitors, come out and say, 'Hey, this looks like a great opportunity because I still believe in the long run, Intel has got a lot of opportunity.'" He explains that the move makes "a lot of sense" since Intel and Qualcomm's products do not have significant overlap. "They have complementary types of products. Some of their products compete, for example, in PCs, but they could be seen as compl
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- A potential Qualcomm takeover of Intel 'makes sense': Analyst [Yahoo! Finance]Yahoo! Finance
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