Mobile chipset specialist Qualcomm approached Intel regarding a potential takeover, per a report in The Wall Street Journal. However, Nvidia would be a far better suitor, with the ability to pay up to 50% more for Intel.

Intel’s meltdown has opportunistic onlookers salivating. The once-leading U.S. chipmaker’s shares are down by half this year. Now, rival Qualcomm is mulling a bid for the whole firm, according to Reuters.