With both Qualcomm and the currently struggling Intel looking to profit from the AI boom, it could be the largest tech M&A deal ever, though it is uncertain

At the time, Intel CEO Pat Gelsinger said the company would stop all nonessential work and has since announced it will spin off its chipmaking business, a part of the company that it had long touted as a strength over rival AMD and the many fabless chipmakers that rely on entities like Taiwan’s TSMC to produce all of their actual silicon.

A new report claims Qualcomm reached out to Intel to buy the CPU company's factories. Here's everything we know so far about the reported deal, and what you need to know.