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Arm Is Rebuffed by Intel
Arm Is Rebuffed by Intel After Inquiring About Buying Product Unit
Arm Holdings Plc approached Intel Corp. about potentially buying the ailing chipmaker’s product division, only to be told that the business isn’t for sale, according to a person with direct knowledge of the matter.
Intel rejects Arm's approach for product division, Bloomberg News reports
Arm Holdings approached Intel about potentially acquiring the company's product division but was told that the business is not for sale, Bloomberg News reported on Thursday.
Report: Arm Tried to Buy Intel But Was Turned Down
Intel has reported declining profits and big losses in its foundry division over the past several years. Its most recent earnings were particularly grim, showing a huge $1.6 billion loss for the quarter.
Datacenter Dynamics
3h
Intel rejects proposed Arm acquisition, is reportedly on track to receive CHIPS funding
Intel has been attempting to reverse its poor financial outlook after it posted a $1.6 billion loss in Q2 2024. Immediately ...
3d
British semiconductor giant Arm reportedly tried to buy a chunk of struggling Intel, but was turned away
Arm reportedly approached Arm about buying up Intel's product division, but was quickly rebuffed by the crisis-strewn ...
3d
on MSN
Intel reportedly told Arm to jog on after an offer to buy its chip design business
Another day, another rumour of an aborted Intel buyout. Earlier this week it was Qualcomm that was said to be sniffing around ...
2d
The Intel Deal Rumors Keep Piling Up. This One Didn't Move the Stock Much Today
Chipmaker Intel has rejected a bid by chip designer Arm Holdings for its product division, Bloomberg reported late Thursday.
5h
Qualcomm's Interest in Intel Could Spell Trouble for TSMC
Intel's recent series of blunders indicate it's failing to catch up to TSMC in the "process race" to produce smaller, denser, ...
6d
The fall of Intel: How gen AI helped dethrone a giant and transform computing as we know it
The once venerable x86 chip has been pushed aside by scalable, energy-efficient, AI-optimized architectures from Arm, Nvidia, ...
CNET
6d
Asus Zenbook S 14 Review: A Finely Crafted Home for New Intel AI PC Chips
Intel's Core Ultra Series 2 processors show improvement from the first generation, but Apple's and Qualcomm's ARM-based chips ...
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