Qualcomm is reportedly interested in acquiring Intel, a move that could significantly impact the semiconductor industry if it passes regulatory hurdles. Despite still generating profits, Intel is facing serious challenges, having reported a $1.6 billion loss and announced substantial layoffs as part of a strategic pivot. The company, once a leader in chip manufacturing, is struggling to compete with rivals like AMD and Nvidia, particularly in the AI and gaming sectors Meanwhile, Qualcomm, which recently re-entered the desktop processor market, seeks to expand beyond mobile chips.