Intel Corp. (NASDAQ: INTC) is still a target of takeover speculation even though no official deal has been revealed since recent allegations of a "mystery buyer" prompted a roughly 10% stock surge. Though Intel's continuous challenges and competition from Advanced Micro Devices Inc.

Qualcomm launched its first Arm-based PC CPUs last year, and although they haven't exactly been a smash hit, partly because of compatibility problems, Arm-based PC are likely to be here to stay. Qualcomm is now seemingly looking to re-enter the server CPU market with new chips.

Shares of Intel were up more than 2% Tuesday afternoon, extending Friday gains that were powered in part by deal-related rumors.

Analyst Fang Boon Foo from DBS maintained a Buy rating on Qualcomm (QCOM – Research Report) and keeping the price target at $215.00.Invest with

Former Intel Xeon chief architect Sailesh Kottapalli said he has joined Qualcomm as the chip designer builds out a team to enter the data center CPU market.

In 2022, it was reported that Qualcomm had approached cloud and data center companies about testing an Arm chip for the server market. The chip was built by Nuvia, a company Qualcomm acquired for $1.4 billion the previous year.

Sailesh Kottapalli, a 28-year Intel veteran and a senior fellow and chief architect for the company’s Xeon processors, made the announcement on LinkedIn on January 13, stating that he joined Qualcomm as a senior vice president.

Major advancements in power efficiency mean laptops now last longer than ever, and you should take advantage of that.

A look at some of the more notable enterprise notebooks from CES 2025, and why I expect AI PCs to go mainstream this year.

Intel (INTC) stock surges on takeover speculation. Bulls see long-term growth potential, while bears worry about value destruction. Read more here.

Given the plunge in the stock price and its considerable assets, as well as brand name, an acquisition of Intel is certainly not farfetched. Intel hasn't said it is looking to be acquired, but the business is currently without a permanent CEO, and the stock has been in free fall, losing 60% of its value last year.