Qualcomm Inc has approached Intel Corp for a potential acquisition, aiming to buy the entire company or parts of it. The move comes as Intel faces significant challenges and declining share prices. Qualcomm's proposal is under regulatory scrutiny,

Qualcomm made a takeover approach to chipmaker Intel in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel's shares reversed course to

Qualcomm recently approached Intel to explore a potential acquisition of the troubled chipmaker, a source familiar with the situation said, in what could be a transformational deal in the sector but faces many hurdles.