A tie-up between Qualcomm and its semiconductor rival Intel would be a coup. But multiple regulatory and commercial hurdles lie ahead.

Doubts about the Qualcomm-Intel deal stem from uncertainty over how Intel's manufacturing fits into Qualcomm's design focus.

Qualcomm has approached the once-dominant chipmaker Intel for a potential buyout, turning the spotlight on the portfolio of products these chip companies have to offer.

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.

The embattled chip giant has become a takeover target in recent days, but the tough act of separating the pros from the cons makes a takeover unlikely.

Key Takeaways Qualcomm reportedly came to Intel recently with interest in a potential takeover.Such a deal could offer a lifeline for Intel's foundry business and position Qualcomm as a dominant player in the PC processor market.