Chip giant Qualcomm Inc. (NASDAQ:QCOM) reportedly approached its struggling competitor Intel Corp. (NASDAQ:INTC) for a possible takeover. What Happened: Qualcomm’s takeover attempt was in recent days, which if it goes through, would be monumental given Intel’s market value of roughly $90 billion, reported The Wall Street Journal, citing people familiar with the matter. However, the deal is far from a sure thing, with potential antitrust scrutiny posing a significant obstacle. Intel, once the world’s most valuable chip company, has seen its shares plummet by about 60% this year. The company’s m…
