Not only has it been denied by both parties, it would 100% not go ahead. Additionally, it would invalidate the x86 cross-licence that AMD and Intel have, meaning Intel would no longer be able to make modern x86 CPUs. Frankly it’s also somewhat doubtful Qualcomm wants to take Intel on.
The rumour was likely someone trying to pump up the stock and sell.
Qualcomm is not trying to take over Intel.
Not only has it been denied by both parties, it would 100% not go ahead. Additionally, it would invalidate the x86 cross-licence that AMD and Intel have, meaning Intel would no longer be able to make modern x86 CPUs. Frankly it’s also somewhat doubtful Qualcomm wants to take Intel on.
The rumour was likely someone trying to pump up the stock and sell.