Arm Rebuffed by Intel After Inquiring About Purchase of Chipmaker’s Product Unit

Arm Rebuffed by Intel After Inquiring About Purchase of Chipmaker’s Product Unit

Arm Holdings approached Intel about potentially buying the ailing chipmaker’s product division, only to be told that the business isn’t for sale, according to a person with direct knowledge of the matter. In the high-level inquiry, Arm didn’t express interest in Intel’s manufacturing operations, said the person, who asked not to…