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Qualcomm Approached Intel About a Takeover in Recent Days

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Re: Qualcomm Approached Intel About a Takeover in Recent Days

#51
post #25

Earlier quoted context omitted.

Setting aside the political reasons for less advertising revenue, it's still running and there are 200M DAU. Many ex-employees swore the servers would catch fire by now.

Judging by how unreliable it has been ever since, there's likely constant firefighting going on.

Can't confirm. It works for me just as well as it did in 2022.

Re: Qualcomm Approached Intel About a Takeover in Recent Days

#52

China will block this deal if they think it’s good for the US semiconductor industry.

How would China block a deal between 2 US companies?

China has a say because both companies do business in China. It’s the reason why the Intel acquisition of Tower semiconductor fell through.

Re: Qualcomm Approached Intel About a Takeover in Recent Days

#53

Earlier quoted context omitted.

How would China block a deal between 2 US companies?

China has a say because both companies do business in China. It’s the reason why the Intel acquisition of Tower semiconductor fell through.

That was a much smaller deal though. A Chinese regulatory block for a $5B acquisition might rise to "not worth it" to Intel. Saying "No more x86 laptops or qualcomm radios in China" is more of a "Trade War!" kind of thing.

That's not saying the China would love it, or that they wouldn't have leverage. But regulatory power has its limits and it's not like every nation gets a veto on every merger.

Re: Qualcomm Approached Intel About a Takeover in Recent Days

#54

Earlier quoted context omitted.

You can't just look at the stock price. INTC has split and had dividends since 1998. If you bought $10,000 of INTC in Sept 19th, 1998 and held it to today the stock would be worth $17,000 and you would've collected almost $12,000 in dividends.

Is there any site that shows historical stock graphs with an option to include dividend reinvestment and adjust for inflation? Practically every online conversation about stock returns makes these mistakes.

Koyfin and yCharts do that. You're looking for "total return".

Re: Qualcomm Approached Intel About a Takeover in Recent Days

#55

China will block this deal if they think it’s good for the US semiconductor industry.

Why would less competition and more market concentration be good for the US semiconductor industry?

It's not like Qualcomm has been the most innovative company ever, they make ARM/Cortex based chips (which is almost a commodity) and control the baseband/modem market because of their patents, so unlike Intel the have basically no competition.

Re: Qualcomm Approached Intel About a Takeover in Recent Days

#56

Earlier quoted context omitted.

You can't just look at the stock price. INTC has split and had dividends since 1998. If you bought $10,000 of INTC in Sept 19th, 1998 and held it to today the stock would be worth $17,000 and you would've collected almost $12,000 in dividends.

Is there any site that shows historical stock graphs with an option to include dividend reinvestment and adjust for inflation? Practically every online conversation about stock returns makes these mistakes.

https://www.portfoliovisualizer.com/backtest-portfolio

Is pretty good.

Re: Qualcomm Approached Intel About a Takeover in Recent Days

#57
post #55

China will block this deal if they think it’s good for the US semiconductor industry.

Why would less competition and more market concentration be good for the US semiconductor industry? It's not like Qualcomm has been the most innovative company ever, they make ARM/Cortex based chips (which is almost a commodity) and control the baseband/modem market because of their patents, so unlike Intel the have basically no competition.

The thought is that if there is an acquisition it might lead to more silicon volume running through Intel’s US based fabs. Of course, Qualcomm might decide to shut the fabs down but that is a whole other story.

Re: Qualcomm Approached Intel About a Takeover in Recent Days

#58
post #53

Earlier quoted context omitted.

China has a say because both companies do business in China. It’s the reason why the Intel acquisition of Tower semiconductor fell through.

That was a much smaller deal though. A Chinese regulatory block for a $5B acquisition might rise to "not worth it" to Intel. Saying "No more x86 laptops or qualcomm radios in China" is more of a "Trade War!" kind of thing. That's not saying the China would love it, or that they wouldn't have leverage. But regulatory power has its limits and it's not like every nation gets a veto on every merger.

It was a critical acquisition for Intel to learn how to be a foundry so it was critical.

Re: Qualcomm Approached Intel About a Takeover in Recent Days

#59

Intel has been atrociously managed. If you invested $1 in Intel in 1998, your investment would still be worth $1. Less than that if you adjust for inflation.

I am unpersuaded Intel could have done anything once they failed to get any sort of traction in phones or tablets. AMD starting to execute properly only made their headaches that much worse, but they had been far too fat for too long.

> failed to get any sort of traction in phones or tablets

And had they stuck with XScale it I don't think it would be surprising if they ended up in Qualcomm's current position (default high-end ARM CPU maker). Yet they consciously decided to throw it all away..

Re: Qualcomm Approached Intel About a Takeover in Recent Days

#60
post #22

Earlier quoted context omitted.

Let go of 80% of workers and 84% of revenue. Brilliant.

Aren't the two disconnected? The revenue lost is a result of advertisers not wanting to be connected to Musk's politics. Downsizing isn't what caused that.

Firing the teams that manage moderation and letting Coca-Cola and Nike paid for ads show along side Nazi and porn content, basically allowing the ad side of the platform to go to shit, is actually much of the reason for the advertiser exodus.
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