In a development that could reshape the semiconductor industry, Qualcomm has made a takeover offer to rival Intel, sources familiar with the matter have told The

News broke late last week of Qualcomm approaching Intel for a potential takeover. Read why we don't think the deal will lead anywhere.

The Wall Street Journal* reported that Qualcomm has approached Intel about a possible takeover, sparking speculation about the future of the rivalry between Arm and x86 processors. According to the paper’s unnamed sources,