But would a potential deal make sense beyond Intel’s depressed price? “There are more cons than pros in a hypothetical case of combining Intel and Qualcomm,” wrote Hendi Susanto, a Gabelli Funds portfolio manager, in emailed comments.

But would a potential deal make sense beyond Intel’s depressed price? “There are more cons than pros in a hypothetical case of combining Intel and Qualcomm,” wrote Hendi Susanto, a Gabelli Funds portfolio manager, in emailed comments.