InterDigital Inc (IDCC)

[Monterey2000]

I thought for a long time Intel would buyout IDCC. However, I believe Intel gave up on building its own wireless technology/modem chip when it sold its wireless IP to Apple. Now, IMO, I believe Apple may be a more likely suitor for IDCC's intellectual property since Apple plans to build its own wireless modem chip for Apple products.

Apple is breaking a 15-year partnership with Intel on its Macs — here’s why

Apple has invested heavily in its silicon department, including major purchases, starting with a $278 million purchase of P. A. Semi in 2008, which started the department, and most recently, $1 billion for part of Intel’s modem business in 2019.

Intel is planning to produce Qualcomm's wireless chip.
Intel to build Qualcomm chips, aims to catch foundry rivals by 2025