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.

Reports suggest that Qualcomm will wait until after the US presidential election to decide whether to make an acquisition offer for Intel. Any transaction affecting Intel's business operations is likely to undergo strict scrutiny by the US government,

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 Intel struggles with a falling stock price and revenue failing to meet expectations, there were reports last month that Qualcomm had approached Chipzilla with an

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