Qualcomm launched its first Arm-based PC CPUs last year, and although they haven't exactly been a smash hit, partly because of compatibility problems, Arm-based PC are likely to be here to stay. Qualcomm is now seemingly looking to re-enter the server CPU market with new chips.

Adds analyst note on potential buyer. Intel Corp. (NASDAQ:INTC) rose 9% after some vague takeover speculation about the chipmaker. A report from SemiAccurate was circulating on Friday about a company looking to acquire Intel (NASDAQ:INTC).

Stocks were on course for a banner day amid signs of progress on inflation. The Dow rose 700 points, and the Nasdaq jumped 2%. Fresh inflation data looks to keep the Fed on hold this month — but it should curb any talk of potential rate hikes, experts say.

Intel Corp (NASDAQ: INTC) popped as much as 10% on Friday following a SemiAccurate report that a new name is now interested in taking over the US-based semiconductor manufacturer. The news website added that the mainstream media has not previously indicated that this unnamed potential acquirer is interested in buying INTC.

Intel's shares have risen by almost 9% after rumors of a possible acquisition surfaced, based on an email that suggested a well-funded company might be interested in a full takeover.

Intel (INTC) is climbing 8% today based on a report of a company potentially being interested in acquiring the chipmaker. News website SemiAccurate today reported that “about two months ago” it “was read an email about a company trying to acquire (all of) Intel.

Sailesh Kottapalli, a 28-year Intel veteran and a senior fellow and chief architect for the company’s Xeon processors, made the announcement on LinkedIn on January 13, stating that he joined Qualcomm as a senior vice president.

Qualcomm has rounded up its lineup of AI-powered Snapdragon X series chips with its announcement of the Snapdragon X, making Copilot+ PCs more affordable. Today, the company showed off the performance of its CPUs compared to Intel Lunar Lake devices, and there's a huge difference in performance.

Intel Corp. shares jumped as much as 9.5% Friday morning after a report on a technology news site said the beleaguered chipmaker is an acquisition target.

In 2022, it was reported that Qualcomm had approached cloud and data center companies about testing an Arm chip for the server market. The chip was built by Nuvia, a company Qualcomm acquired for $1.4 billion the previous year.

Former Intel Xeon chief architect Sailesh Kottapalli said he has joined Qualcomm as the chip designer builds out a team to enter the data center CPU market.

Qualcomm is lining up the Snapdragon X against Intel’s ( INTC) Core 5 120U processor, which is also used to power mid-range PCs. Overall, the company says its Snapdragon X offers better performance per watt than the competing Intel chip and is better suited for AI tasks.