Qualcomm is unlikely to pursue any transactions with Intel, a decision that aligns with industry expectations. Sources close to the semiconductor supply chain suggest Qualcomm never seriously considered the move,

Semiconductor maker Qualcomm Inc.’s interest in acquiring rival Intel Corp. is souring, Bloomberg News reported Monday night.

Qualcomm's interest in acquiring Intel is said to have cooled due to complexities associated with the deal, Bloomberg News reported on Monday, citing people familiar with the matter.