04:18 PM EDT, 09/20/2024 (MT Newswires) -- Qualcomm ( QCOM ) recently approached Intel ( INTC ) with a proposal for a potential takeover, The Wall Street Journal reported Friday, citing individuals familiar with the situation.

The deal is not guaranteed, and if Intel ( INTC ) shows interest, it could still face antitrust investigations due to its size and potential industry impact, the media outlet reported.

Qualcomm ( QCOM ) may consider selling certain Intel ( INTC ) assets or divisions to other buyers to facilitate the transaction and address regulatory concerns, it added.

Neither Intel ( INTC ) nor Qualcomm ( QCOM ) immediately responded to a request for comment from MT Newswires.

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