Qualcomm and Intel are in talks for a potential merger that could combine Qualcomm's mobile-centric Snapdragon processors with Intel's dominant PC and server chip divisions, creating a formidable entity in the semiconductor industry. This merger aims to leverage their respective strengths in mobile, AI, and 5G technologies to better compete against industry giants like Nvidia and AMD. However, the integration of ARM and x86 architectures presents significant technical and strategic challenges, requiring substantial investment and regulatory scrutiny.