A potential deal to buy Intel could accelerate Qualcomm's diversification but will burden the smartphone chipmaker with a loss-making semiconductor manufacturing unit that it may struggle to turn around or sell,

Wall Street investors and analysts shrugged off a report that Qualcomm had made an offer to buy Intel, concluding that the chances of such a deal coming together are extremely remote. “We believe the challenges overwhelm the potential benefits,

An analyst with Gabelli Funds says a deal for Qualcomm to buy struggling chip rival Intel may not make too much sense.

News broke late last week of Qualcomm approaching Intel for a potential takeover. Read why we don't think the deal will lead anywhere.