Intel Investors: Don't Count on Qualcomm to Save the Day

Intel's (NASDAQ: INTC) stock was cut in half this year as the chipmaker struggled with slowing sales, shrinking gross margins, and its inability to catch up to Taiwan Semiconductor Manufacturing and Samsung in the high-end foundry market. Those challenges drove it to suspend its dividend, lay off more than 15% of its workforce, and even consider selling or spinning off its foundry and programmable chip divisions.However, Intel's stock recently rallied amid rumors that Qualcomm (NASDAQ: QCOM) may be mulling a takeover of the troubled chipmaker. That deal would create a chipmaking titan by merging Intel's x86 CPUs, which lead the PC and server markets, with Qualcomm's mobile system on chips (SoCs), which rank second in the smartphone SoC market after MediaTek. That seems like a win-win situation for both chipmakers, but I don't think it will happen for four simple reasons.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool