Intel Jumps On Report It's An Acquisition Target
SemiAccurate , a tech-focused newsletter founded by Charlie Demerjian, said it was "read an e-mail about a company trying to acquire Intel, whole".
Once the world's dominate chip maker, Intel has struggled in recent years to keep up in a competitive and fast-changing industry.
Intel couldn't immediately be reached for comment.
Last September, it emerged that ARM Holdings approached Intel about potentially buying the ailing chip maker's product division, only to be told that the business isn't for sale, according to a person with direct knowledge of the matter. Molly Schuetz, c 2025 Bloomberg LP
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