It's just not part of their core business and one of the former CEO's botched the opportunity to make a serious effort. Intel is centered around designing and manufacturing µP's for personal computers and enterprise-grade industrial hardware, advancing process technology and has other R&D engaged in analytics, artificial intelligence and IoT.
It invented the world's first commercial microprocessor and currently still holds over 90%+ share of the PC and Data Center markets; the former is their bread-and-butter, latter the long-term growth generator and future. They can continue investing tens of billions into the US, especially my city and state. The late foray into cellular modems hasn't been
that bad though, it nets around $850 million a quarter.
Hahah QCOM is really fucking catty, man. If "corporations are people" -
@xcvbn - then Qualcomm is a woman. As Jerry Sanders once said before AMD ironically lost manufacturing capability themselves and sold out to China, "real men have fabs" and Qualcomm doesn't. They're insecure. In all seriousness though, they've been at war with Apple for a long time now and not too long ago accused Tim Cook of stealing their IP and passing it to Intel. Scandalous!
I'm glad this all didn't happen though.
In a letter to Broadcom CEO Hock Tan, Qualcomm claimed that the $146 billion offer made on Monday had once again “undervalued” the company. It cited what it said was a lack of value ascribed to Qualcomm’s acquisition of NXP, the resolution of licensing disputes and its opportunity in 5G.
It also claimed Broadcom had failed to address regulatory hurdles, which could cause “enormous” damage to Qualcomm if it committed to a deal which then did not go through due to being blocked by one of many regulators. Broadcom may beg to differ, arguing in its most recent bid that any takeover would be completed within a year and offering compensation if deadlines were missed.
