Qualcomm Wants To Form A Consortium To Acquire Arm Report

After Nvidia officially confirmed that it is not acquiring the British chip manufacturing company ARM earlier this year, it seems like Qualcomm is now trying its hands to acquire the SoftBank-backed company. The chip-making giant aims to include Samsung and Intel to form a consortium to move on with the process of acquiring ARM. Check out the details right below.

Qualcomm CEO Christian Amon has spoken to The Financial Times and revealed the plan to acquire ARM. Amon hinted that Qualcomm might partner with other industry giants like Samsung and even Intel to form a consortium to acquire the semiconductor company.

For those who don’t know, Qualcomm is not the only company that has suggested an acquisition of ARM. Intel CEO Pat Gelsinger previously hinted at the idea of forming a consortium to acquire ARM. Moreover, Gelsinger was recently spotted meeting with a top-order Samsung executive and the top executives of the company’s semiconductor division.