News Post

Intel doesn’t need a takeover, it needs a turnaround

Economic Times · 1m

Reports of a potential takeover of Intel by Qualcomm have garnered attention, as Intel is currently facing a challenging period in its history. However, analysts believe the deal is unlikely to progress due to the difficulties related to payment and regulatory approval. Qualcomm's reported interest in buying Intel's chip-design arm but not the manufacturing business aligns with its focus on the mobile market, but the idea of a full takeover raises questions. Intel's CEO, Pat Gelsinger, should stay focused on the company's turnaround strategy, which includes cutbacks and spinning out its foundry business. Gelsinger's plan has received investor approval, and recent deals with Amazon and the U.S. government provide optimism for Intel's future. The national interest in rebuilding U.S. chipmaking capability is best served by allowing Intel to regain strength and not disrupting its progress with a takeover.