Intel and Qualcomm Eye Acquisition of AI Chip Startup Tenstorrent
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 19 2026
0mins
Source: seekingalpha
- Acquisition Interest: Intel and Qualcomm's interest in acquiring AI chip startup Tenstorrent indicates a strategic move by major tech firms to expand in the AI sector, potentially accelerating market competition.
- Valuation Potential: Should Tenstorrent opt for a sale, it could be valued at over $5 billion, reflecting the high demand in the AI chip market and investor confidence, which may attract more potential buyers to the bidding process.
- Funding Negotiations: In addition to sale discussions, Tenstorrent is also in talks with potential investors for a new funding round, indicating the company's pursuit of capital to support its technological development and market expansion, thereby strengthening its position in a competitive landscape.
- Market Dynamics: The engagement between Tenstorrent and Intel/Qualcomm may draw attention from other companies in the industry, especially following Cerebras' recent IPO, suggesting that valuations and investment activities in the AI chip sector could further intensify.
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Analyst Views on INTC
Wall Street analysts forecast INTC stock price to fall
29 Analyst Rating
5 Buy
19 Hold
5 Sell
Hold
Current: 123.520
Low
20.00
Averages
39.30
High
52.00
Current: 123.520
Low
20.00
Averages
39.30
High
52.00
About INTC
Intel Corporation is a global designer and manufacturer of semiconductor products. The Company's segments include Intel Products, Intel Foundry, and All Other. Its Intel Products comprise Client Computing Group (CCG) and Data Center and AI (DCAI). CCG delivers platforms and processors that power PCs and edge devices, enabling enhanced performance, connectivity and user experience for consumer and commercial markets with capabilities that also support retail, industrial robotics and AI ecosystems at the edge. DCAI delivers workload-optimized solutions based upon its x86 architecture for data centers, including CPUs, AI accelerators, NICs, IPUs and custom ASICs, enabling performance and scalability for cloud, enterprise, telecommunication and HPC environments. The Intel Foundry segment comprises technology development, manufacturing and foundry services, developing new semiconductor process technologies and advanced packaging technologies. All Other segments include Mobileye and Other.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
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See More
