Equity analysts are skeptical about the merits of a possible combination of Qualcomm Inc. and Intel Corp., after a recent report said the former had approached the latter about a takeover. On Wednesday,

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.

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.