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Qualcomm’s potential Intel buyout

A potential deal to buy Intel could accelerate Qualcomm’s diversification but will burden the smartphone chipmaker with a loss-making semiconductor manufacturing unit that it may struggle to turn around or sell. Intel’s market value has fallen below $100 billion for the first time in three decades as the company has missed out on the generative AI boom after passing on an OpenAI investment. Is the world economy about to reset ?

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