One analyst notes that Intel’s situation doesn’t seem dire enough for the company to settle for a “fire sale.” Plus, Qualcomm could see Intel’s foundry assets as a headache.

Qualcomm Inc. has approached Intel Corp. to discuss a potential acquisition of the struggling chipmaker, people with knowledge of the matter said, raising the prospect of one of the biggest-ever

Intel Corporation’s struggles may make it an acquisition target for Qualcomm Incorporated, but it faces risks and regulatory issues. Click for more on QCOM, INTC.