Welcome to the Tech Mem Ride Home for Monday, September 23rd, 2024. I'm Brian McCullough today.

Qualcomm as a white night to save Intel. A huge Bitcoin heist gets busted for the usual reasons.

What if the U.S. bans imports of all cars from China and why can't U.S. carmakers keep up when it comes simply to software?

Here's what you miss today in the world of tech.

Sources say Qualcomm made a takeover approach to Intel in recent days, but a deal is far

from certain, for among other reasons Intel's market cap is around $93 billion and Qualcomm's is only around

188 billion dollars.

So quite a big bite to bite off even without regulatory stuff, though I wonder if the regulatory stuff might not be as big an issue

as you would think because Qualcomm is a US company and I would imagine the US government would want to keep

Intel healthy and alive, quoting the journal.

Qualcomm is a leading supplier of chips for smartphones, including ones that manage communications between

phones and cell towers.

It is one of the most critical suppliers for Apple's iPhones among a range of other devices.

A deal would significantly broaden Qualcomm's horizons, complementing its mobile phone chip business with

chips from Intel that are ubiquitous in personal computers and servers.

Qualcomm and Intel have also sought to profit from the artificial intelligence boom

with the advent of AI features and phones and computers, although both have been

overshadowed by AI Chip Giant, Invidia.

Both Intel and Qualcomm have become U.S. national champions of sorts as chipmaking gets increasingly

politicized.

Intel is in line to get up to $8. billion dollars of potential grants for factories in the

U.S. as Chief Executive Pat Gelsinger tries to build up a business making chips on

...