After the above information was released, Intel's stock price fell 1% in after-hours trading, and Broadcom's stock price rose more than 6%. Qualcomm's share price has barely changed.
At the time of the news that Intel intends to acquire, Broadcom is actively seeking a hostile takeover of Qualcomm. If the transaction can be successful, the combined company will become a bigger competitor to Intel.
In an interview with The Wall Street Journal, sources said that if Broadcom's acquisition of Qualcomm's transaction may be successful, Intel may consider making a bid to Broadcom. However, these sources said that such a purchase cannot be guaranteed. Some people even claimed that this It is impossible.
An Intel spokeswoman said that the company will not comment on trade rumors. She said in the statement: 'In the past 30 months, we have made several important acquisitions, including Mobileye and Altera. Our focus is to integrate these Acquisitions that allow them to benefit our customers and shareholders. '
Broadcom did not immediately respond to the press request for comment. However, there are reports that Broadcom's bid for Qualcomm has been in trouble, may have to temporarily abandon the current transaction, and later come back.
According to another Reuters report, when asked about the potential acquisition of Broadcom by the media, Intel stated that the company is concerned with many mergers and acquisitions before the integration.
The company has implemented major mergers and acquisitions in the past 30 months and will focus on making those mergers and acquisitions successful.
Intel declined to comment on speculation related to acquisitions and mergers.
Prior to this, the Foreign Investment Committee of the US Treasury Department (CFIUS) had expressed concerns about Broadcom's acquisition of Qualcomm, which is unprecedented for transactions that have not been officially announced or agreed.
However, people familiar with the matter claimed that Broadcom is not expected to abandon the bid. The company will try to reach a settlement with the regulators and resolve their concerns.
In judging whether to approve a transaction, regulators often consult the industry’s internal knowledge. Informed sources said that technology giants such as Microsoft and Google are also worried about the deal.
Sources said that these companies are concerned about Apple’s potential influence in trading, and are concerned that Broadcom is cutting costs and reluctant to invest in new technologies.