Intel rejects Arm's offer to buy product division

Daniel Puchert

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Chipmakers circling for a piece of struggling Intel

Arm Holdings approached Intel about potentially buying the ailing chipmaker’s product division, only to be told that the business isn’t for sale, according to a person with direct knowledge of the matter.

In the high-level inquiry, Arm didn’t express interest in Intel’s manufacturing operations, said the person, who asked not to be identified because the discussions were private.
 
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