Amazon
Amazon
Amazon

Texas Instruments announced last month plans to shrink its mobile processor business and instead focus on broader markets. According to a report from Israeli newspaper Calcalist, however, the company may be looking to sell its chip business entirely. Amazon is said to be in “advanced negotiations” to acquire Texas Instruments’ mobile business, a move that will increase the retail giant’s competition with Samsung and Apple. Gartner analyst Carolina Milanesi doubted the reported, though, telling Reuters that Amazon may not want to “become that intimately involved with hardware.” Read the full story at Boy Genius Report.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.

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