Qualcomm wants to wait until after the election to potentially buy Intel: BBG

Qualcomm (QCOM) could wait until after the 2024 US presidential election in three weeks to decide whether or not to buy chipmaker Intel (INTC), Bloomberg reports.

Morning Brief hosts Seana Smith and Brad Smith cover this news in more detail as the tech company weighs potential antitrust setbacks from the administration elected in November and the state of the United States’ relationship with China.

For more expert insights and analysis on the latest market activity, read the Morning Brief here.

This post was written by Luke Carberry Mogan.