• Franklin@lemmy.world
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        1 hour ago

        I just don’t think, regardless of financial situation, Intel would want to sell even a portion of their business. right now. Everything they’ve communicated to their shareholders and the public at large signals that despite a recent downturn, they really believe they have a strategy for long-term market dominance.

        Not to mention the entire national security angle of intel being the only American chip manufacturer.

        • Avid Amoeba@lemmy.ca
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          22 minutes ago

          Qualcomm is also American.

          Whether Intel sells or not is decided by its major shareholders, pending regulatory approval, not Intel’s execs or employees. Those shareholders would likely receive shares of Qualcomm which would now include Intel’s expected future profits, or cash that they can use to buy Qualcomm shares to capture those profits.