Trying to think if that’s a good or bad thing. I’d hope they’d spin off the foundry business though.
stamosface on
WTF IS HAPPENING TO MY 10/4 $30 CALLS??? THIS WAS SUPPOSED TO BE A BORING, LONGISH SHORT TERM INVESTMENT BUT ITS UP TOO GODDAMN HIGH IM SCARED
Bbear11 on
INTC reminds me of another stock – PARA.
noimnotinterested on
INTC grandson you are wsb regard no more, tsla earning day full port short with loan money guy still is.
longgamma on
Nana strikes back.
dzahir21 on
Of course, 3 minutes after I gave up and sold…
unknownnoname2424 on
What if I approached Intel with Stiflers mom… I think it would go to $100 then…
SillyWoodpecker6508 on
What are the chances this hurts investors? What if they agree to buy the company but at a very low valuation?
If they end up paying ~20$ a stock most shareholders would lose money.
ThisKarmaLimitSucks on
Qualcomm probably wants to liquidate the fabs GloFo style, and keep the CPU business.
They’re really trying to beef up the CPUs on their system-on-chip products. Qualcomm has always been the best modem designers in the world, that and a bunch of dead guys’ cell phone patents are the foundations of their business. But it freaked them out hard when Apple told them they were going to design their own modem and pivot away from them.
They bought the Apple M1 silicon team for a ton of money, those guys made a new CPU, and it kind of sucked. So they are sinking a lot of money into CPU design, to get not a lot of good results.
Intel’s digital design teams were stronger than Qualcomm’s, and probably still are after billions of layoffs. My guess is QCOM wants those guys and those patents, and the rest of the business is cheap enough to just sell off.
Ownership of the x86 patent library would be a huge regulatory hurdle, especially because QCOM owns almost all the foundational cellular patents. Regulators would worry about them building a Wintel-type lockin for cell phones.
**ETA:** I’d also like to emphasize that this supposed merger doesn’t look very plausible financially. Qualcomm’s a $150B company by market cap, making $10B in profit a year. Intel is a $100B company, and it would probably take $60B to buy a controlling stake. The numbers don’t pencil out well.
spreadwater on
10x my options overnight, thanks grandma
juloto on
Highly doubt any of this but whatever pumps my bags
Cash and equivalent is 13.0B How the fk they gonna buy a company that’s bigger than them lmao
LackingInDesire on
Watch them hire Rishi Sunak as CEO.
slick2hold on
It’s not going to happen. CNBC is stupid for reporting on this without disclaimers that a deal would be unlikely given regulatory approval are slim to none. Unless Qualcomm is approaching about buying MobileEye at a huge discount.
TheDudeAbidesFarOut on
Lol…. bagholders coping. Don’t buy this fucking stock.
VariationConstant675 on
Can we regards buy them?
Any-Bodybuilder-1395 on
This was old news, why did it jump today?
chewks on
Intc would probably get 35-40 in the buyout based on expected value
PureOrangeJuche on
Did Nana have material nonpublic information?
Amaeyth on
Qualcomm can’t afford Intel, just a glance at the numbers and a basic understanding of the businesses reveals it. NVIDIA, Apple, or Microsoft would be far more likely capable financially speaking. Ultimately from a legal perspective almost all of those options wouldn’t though.
Qualcomm wants PC design because their own business in that segment downright sucks, and Intel is not parting with that because that’s their cash cow.
Even as a self-certified INTC management and bagholder hater, you can’t disagree that this would have been the turnaround and huge save the investors was looking for. But high chance even with government intervention, regulators in other countries would try to block it on grounds of antitrust unless White House plays hardball. There’s also the problem with x86 license not being transferrable in the event a licensee gets acquired, which is what makes Intel valuable in the first place.
The better move I could see here is if GlobalFoundries and Micron approached Intel instead, both are US companies with their own fab so it’ll jettison them forward if they can acquire Intel’s IP. Problem is per agreement with AMD, the x86 license is not transferrable and pretty much why they have a duopoly(3rd licensee VIAcom is practically nonexistent), so there really aren’t much value for companies to try and acquire Intel if they can’t get their hands on the x86 license too.
It’s either Intel declares Chapter 11 and fix the damn business by offloading assets and old IPs, or let them die so DOJ can immediately sue AMD to force them to revamp the x86 license terms to open up more slots.
TrollLolLol1 on
Okay guys let’s stick to the facts here: money printer go burrrrr and Stonks only go up. INTC will be bought out for 2.3 trillion.
EnigmaSpore on
it would never pass regulatory approval. if nvidia couldnt buy arm, what makes anything think they would be fine with intel being sold to qualcomm. both of these corporations have history of gouging their markets with anticompetitive practices…. combining them? it would never pass
Running_OutOfTime on
WSJ has never lied to us before. 🙄
NuclearPopTarts on
Grandma’s Revenge!
Xtianus21 on
Damn lol – Why do they want obsolete tech. Arm should retaliate by coming out with their own chip
ImpressionSpare8528 on
Calls on Monday perhaps??????????????
yodamelon on
You buy QCOM on this drop/news not INTC because they’re a dogshit company and decades behind their competitors.
leroy_hoffenfeffer on
Ironically, I had made the argument in other subs that Qualcomms recent ventures into laptop development was a waste of money given that they’re trying to carve out a slot of profit from an industry they have no basis in.
This acquisition would certainly bolster the chances of success in the laptop market. Personally, I wouldn’t use a snapdragon-based laptop given that the only worthwhile reviews are written by tech enthusiasts who have skin in the game, but that’s me.
Could definitely see Qualcomm making out like a bandit if this merger is real.
39 Comments
Intel stock kid’s gam gam is finally like “you’ve made fun of my grandson for the last time!”
Trades just halted on INTC after huge price spike.
we are back in the glorious thigh-gap $22-29
https://preview.redd.it/3nkrpxc2m0qd1.jpeg?width=1440&format=pjpg&auto=webp&s=b52831ea63cd080bbce4052489a93cc8e66bd64f
God dammit I was planning on buying more Monday.
Trying to think if that’s a good or bad thing. I’d hope they’d spin off the foundry business though.
WTF IS HAPPENING TO MY 10/4 $30 CALLS??? THIS WAS SUPPOSED TO BE A BORING, LONGISH SHORT TERM INVESTMENT BUT ITS UP TOO GODDAMN HIGH IM SCARED
INTC reminds me of another stock – PARA.
INTC grandson you are wsb regard no more, tsla earning day full port short with loan money guy still is.
Nana strikes back.
Of course, 3 minutes after I gave up and sold…
What if I approached Intel with Stiflers mom… I think it would go to $100 then…
What are the chances this hurts investors? What if they agree to buy the company but at a very low valuation?
If they end up paying ~20$ a stock most shareholders would lose money.
Qualcomm probably wants to liquidate the fabs GloFo style, and keep the CPU business.
They’re really trying to beef up the CPUs on their system-on-chip products. Qualcomm has always been the best modem designers in the world, that and a bunch of dead guys’ cell phone patents are the foundations of their business. But it freaked them out hard when Apple told them they were going to design their own modem and pivot away from them.
They bought the Apple M1 silicon team for a ton of money, those guys made a new CPU, and it kind of sucked. So they are sinking a lot of money into CPU design, to get not a lot of good results.
Intel’s digital design teams were stronger than Qualcomm’s, and probably still are after billions of layoffs. My guess is QCOM wants those guys and those patents, and the rest of the business is cheap enough to just sell off.
Ownership of the x86 patent library would be a huge regulatory hurdle, especially because QCOM owns almost all the foundational cellular patents. Regulators would worry about them building a Wintel-type lockin for cell phones.
**ETA:** I’d also like to emphasize that this supposed merger doesn’t look very plausible financially. Qualcomm’s a $150B company by market cap, making $10B in profit a year. Intel is a $100B company, and it would probably take $60B to buy a controlling stake. The numbers don’t pencil out well.
10x my options overnight, thanks grandma
Highly doubt any of this but whatever pumps my bags
Intel is meme stock
Crazy times we’re living in
Nana gets it done
https://preview.redd.it/1ems0o2fr0qd1.jpeg?width=1024&format=pjpg&auto=webp&s=428ee7d388804558d3d1e08bb63dcfbb0cd07ee6
GTA x WSB
Sell the news
Weekend theta burn…
hmmm… interesting
Cash and equivalent is 13.0B How the fk they gonna buy a company that’s bigger than them lmao
Watch them hire Rishi Sunak as CEO.
It’s not going to happen. CNBC is stupid for reporting on this without disclaimers that a deal would be unlikely given regulatory approval are slim to none. Unless Qualcomm is approaching about buying MobileEye at a huge discount.
Lol…. bagholders coping. Don’t buy this fucking stock.
Can we regards buy them?
This was old news, why did it jump today?
Intc would probably get 35-40 in the buyout based on expected value
Did Nana have material nonpublic information?
Qualcomm can’t afford Intel, just a glance at the numbers and a basic understanding of the businesses reveals it. NVIDIA, Apple, or Microsoft would be far more likely capable financially speaking. Ultimately from a legal perspective almost all of those options wouldn’t though.
Qualcomm wants PC design because their own business in that segment downright sucks, and Intel is not parting with that because that’s their cash cow.
tl;dr this is a gesture more than an actuality
Gam gam looking out for her grandson
https://preview.redd.it/br0zvtw601qd1.jpeg?width=816&format=pjpg&auto=webp&s=af03c8c167169c963564b9c5deea4c847a98057f
Even as a self-certified INTC management and bagholder hater, you can’t disagree that this would have been the turnaround and huge save the investors was looking for. But high chance even with government intervention, regulators in other countries would try to block it on grounds of antitrust unless White House plays hardball. There’s also the problem with x86 license not being transferrable in the event a licensee gets acquired, which is what makes Intel valuable in the first place.
The better move I could see here is if GlobalFoundries and Micron approached Intel instead, both are US companies with their own fab so it’ll jettison them forward if they can acquire Intel’s IP. Problem is per agreement with AMD, the x86 license is not transferrable and pretty much why they have a duopoly(3rd licensee VIAcom is practically nonexistent), so there really aren’t much value for companies to try and acquire Intel if they can’t get their hands on the x86 license too.
It’s either Intel declares Chapter 11 and fix the damn business by offloading assets and old IPs, or let them die so DOJ can immediately sue AMD to force them to revamp the x86 license terms to open up more slots.
Okay guys let’s stick to the facts here: money printer go burrrrr and Stonks only go up. INTC will be bought out for 2.3 trillion.
it would never pass regulatory approval. if nvidia couldnt buy arm, what makes anything think they would be fine with intel being sold to qualcomm. both of these corporations have history of gouging their markets with anticompetitive practices…. combining them? it would never pass
WSJ has never lied to us before. 🙄
Grandma’s Revenge!
Damn lol – Why do they want obsolete tech. Arm should retaliate by coming out with their own chip
Calls on Monday perhaps??????????????
You buy QCOM on this drop/news not INTC because they’re a dogshit company and decades behind their competitors.
Ironically, I had made the argument in other subs that Qualcomms recent ventures into laptop development was a waste of money given that they’re trying to carve out a slot of profit from an industry they have no basis in.
This acquisition would certainly bolster the chances of success in the laptop market. Personally, I wouldn’t use a snapdragon-based laptop given that the only worthwhile reviews are written by tech enthusiasts who have skin in the game, but that’s me.
Could definitely see Qualcomm making out like a bandit if this merger is real.