A report from The Wall Street Journal last week claimed that Qualcomm had approached Intel about a potential takeover.
"China is not a big fan of QCOM ," the firm states, emphasizing that such a deal would encounter substantial resistance from both Chinese and international regulators. "China would never approve" a QCOM for INTC deal to"help a major US company that is struggling mightily," Mizuho asserts.The first is MRVL, which, at a market cap in the low $60 billion range, presents a more strategic fit.
Mizuho acknowledges that while a deal with CRDO"would not move the needle financially for QCOM," it presents a more feasible and strategically sound option compared to the complexities surrounding Intel.
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