AI News Investors Should Not Miss

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11. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 100 

QUALCOMM Incorporated (NASDAQ:QCOM) develops and sells foundational technologies for the wireless industry. Investment advisory Benchmark recently released an investor note on the company, following the publication of reports that the chipmaker was in talks with rival Intel about a potential acquisition of the latter.

The investor note detailed that analysts understood the attraction of the deal to QUALCOMM Incorporated (NASDAQ:QCOM), and the possibility of a combination with at least a portion of Intel, namely the chip design business focused on the PC/notebook and server markets, but noted that the ultimate acquisition of Intel by the chip firm was logically unlikely. The note further added that an Intel offer would undoubtedly entail a hefty price tag, but even greater than the steep financial hurdle, the largest impediment to an acquisition was simply the high degree of regulatory scrutiny the transaction would attract.

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