by Jinta Hong, CFA
Last Friday, $Qualcomm (QCOM.US)$ reportedly is in talks with $Intel (INTC.US)$ regarding a potential acquisition, which would rank as one of the largest-ever semiconductor mergers if the deal were to take place. Intel's shares closed up 3.3%, while Qualcomm's shares fell by 2.9% following the rumor. Qualcomm has a strong advantage in smartphone processor design, while Intel has a solid foundation i...