Reported about 1 month ago
Qualcomm is likely to hold off on deciding whether to pursue an acquisition of Intel until after the upcoming US presidential election, seeking clarity on the political landscape and its potential impact on antitrust regulations and US-China relations. A combination of Qualcomm and Intel would likely face significant regulatory scrutiny, especially given the strategic importance of both companies in the chipmaking sector. Qualcomm made preliminary inquiries into a deal but has not yet formally moved forward.
Source: YAHOO