The chipmaker Qualcomm has approached its rival Intel in recent days about the possibility of acquiring the slumping Silicon Valley giant, two people familiar with the matter said Friday, requesting anonymity because the talks were confidential.

In a move that could reshape the landscape of the semiconductor world, The Wall Street Journal has reported that Qualcomm has expressed interest in acquiring Intel. The potential

The Wall Street Journal reported Friday that San Diego-based wireless giant Qualcomm has approached Intel about a possible takeover of the ailing chip maker.

The Wall Street Journal reported that Qualcomm has approached Intel about a complete takeover of the company in recent days.

A new report claims Qualcomm has approached Intel about a possible takeover of the company in recent days. The report claims a potential buyout or deal is "far from certain" at this stage.