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Is Intel eyeing Broadcom buyout to secure mobile chip relevance?

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If you’ve been following the Broadcom takeover – some would say hostile takeover – of chipmaker Qualcomm, it suddenly looks like there’s a major new player in the mix. According to the Wall Street Journal, Intel may insert itself into the ongoing punching match by actually buying Broadcom, which is trying to buy Qualcomm for $117 billion, which would make it one of the largest tech takeovers/buyouts on record.

So why Intel’s sudden interest in the deal? A successful play by Broadcom for Qualcomm – which makes the hugely popular Snapdragon 835 and 845 mobile phone and PC chips – would create a new chipmaking giant that would, of course, rival Intel on almost every level, but especially in the now all-important mobile processor segment. If Intel could buy up both in a Broadcom deal, that would both kill the competition and bring all that mobile tech home to Intel. Stay tuned. WSJ post: https://www.wsj.com/articles/intel-considers-possible-bid-for-broadcom-1520633986

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