Qualcomm has apparently approached Intel with a takeover proposal, which could result in a company that can make x86 and Arm gaming CPUs.

Qualcomm Inc. has approached Intel Corp. to discuss a potential acquisition of the struggling chipmaker, people with knowledge of the matter said, raising the prospect of one of the biggest-ever M&A deals.

Is Intel desperate enough to seriously consider something like this?,” asked one analyst about the bombshell report about a takeover from a rival.

Qualcomm (NASDAQ:QCOM) has recently initiated talks with Intel (NASDAQ:INTC) about a potential acquisition, reports suggested last week. While such a deal could reshape the semiconductor industry, it is likely to face