According to the news reported by Zhitong Finance and Economics APP, Broadcom (AVGO.US) previously evaluated the potential bidding for Intel (INTC.US) based on information from insiders, and the advisor continues to advise Broadcom. However, the latest news shows that sources reveal that Broadcom is currently not evaluating a takeover bid for Intel.

In addition, there were reports last Friday that Qualcomm (QCOM.US) has recently been in contact with Intel and is negotiating the acquisition. However, it is currently unclear what Intel's response is, as well as the terms or price of the acquisition. According to sources, Qualcomm executives are very interested in Intel's client PC design business, but they are considering all of the company's design departments. Meanwhile, Intel is currently striving to generate cash and seeking to divest its business units and sell other assets.

If the acquisition is successful, it would be one of the largest acquisitions in the history of technology. Of course, such a large acquisition comes with great uncertainty, even if both parties are interested, it will still have to go through rigorous anti-monopoly scrutiny. It is worth mentioning that even if Broadcom plans to acquire Intel, this deal would also face regulatory challenges, as Broadcom's plan to acquire Qualcomm was blocked by the US government in March 2018 on the grounds of national security.