Intel Becomes Takeover Target, Adds Trouble for U.S.-Made Chips

2024-09-24 1

The future of U.S. semiconductor giant Intel has become uncertain amid a friendly takeover deal from rival Qualcomm as well as a multi-billion U.S. dollar investment offer from Apollo Global Management. Intel's next moves will have major consequences for the U.S.'s stake in the increasingly politicized global chips industry.