Intel’s fortunes have declined so rapidly over the past year that chip designer ARM made a “high level inquiry” about buying its crown jewel product unit, Bloomberg reported. However, Intel said the division wasn’t for sale and turned down the offer, according to an unnamed insider.
There are two main units inside Intel, the product group that sells PC, server and networking chips and a chip manufacturing foundry. ARM had no interest in Intel’s foundry division, according to Bloomberg‘s sources. ARM and Intel representatives declined to comment.
Intel’s fortunes have been on the wane for years, but the decline over the last 12
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