Reports say Qualcomm wants to buy Intel's struggling chip business, but doing so would threaten the longstanding x86 patent licensing agreements between Intel and AMD.

One analyst notes that Intel’s situation doesn’t seem dire enough for the company to settle for a “fire sale.” Plus, Qualcomm could see Intel’s foundry assets as a headache.

Intel Corporation’s struggles may make it an acquisition target for Qualcomm Incorporated, but it faces risks and regulatory issues. Click for more on QCOM, INTC.