Reports suggest that any potential bid for Intel from Qualcomm won't happen until after the US presidential elections in November.

Qualcomm's interest in acquiring parts of Intel was piqued by a desire to expand its product range. The company was particularly interested in Intel's PC segment. However, these plans have been temporarily shelved until there is more certainty regarding the US political landscape post-election.

As it turns out, chip stock Qualcomm ($QCOM) may still have an interest in buying part or all of fellow chip stock Intel ($INTC). But whatever way

Qualcomm Inc. is likely to wait until after the US presidential election in November before deciding whether to pursue an offer to buy Intel Corp., people familiar with the matter said.

Qualcomm is buying time to better navigate potential challenges and avoid unnecessary friction with US regulators, depending on how the political winds shift. The company wants clarity on the next gov

Qualcomm is reportedly waiting for the results of the upcoming U.S. presidential election before making an offer on Intel.

Qualcomm, which has made informal inquiries with Chinese regulators, could wait until January to make a decision, sources say Qualcomm is likely to wait until after the US presidential election in November before deciding whether to pursue an offer to buy Intel,