Intel threatened by Qualcomm, eyes off Broadcom acquisition

Intel rumored to acquire Broadcom, who is lusting after Qualcomm.

36 seconds read time

Broadcom has it hard for Qualcomm right now as they see the San Diego-based giant as a massive acquisition target going into the future with the world leading Snapdragon product family, 5G, and a million things in between.

Intel threatened by Qualcomm, eyes off Broadcom acquisition |

But now, rumor has it Intel wants to acquire Broadcom and this is something that hit on Friday night. Intel shares dropped 1% in after-hours trrading, while Broadcom shares jumped over 6% in the same period. In a world where Broadcom did acquire Qualcomm, it would create a near unstoppable threat for Intel, more so than Qualcomm is on its own.

An Intel spokeswoman reached out to CNBC who said: "That being said, we have made important acquisitions over the past 30 months - including Mobileye and Altera - and our focus is on integrating those acquisitions and making them successful for our customers and shareholders".


Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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