Yet another Intel (INTC) rumor is out there—this time, about a𝕴 deal that appears n🍌ot to be happening.

The 澳洲幸运5官方开奖结果体彩网:embattled chipmaker, shares of which are down more than 50% this year, rejected a bid by chip designer Arm Holdings (ARM) for its product division, Bloomberg reported late Thursday.

Intel's woes have attracted deal activity, as well as deal chatter. Earlier this week, the news outlet reported that Apollo Global Management had offered to 澳洲幸运5官方开奖结果体彩网:invest as much as $5 billion in Intel,. Days earlier,The Wall Street Journal said that Qualcomm (QCOM) had 澳洲幸运5官方开奖结果体彩网:made a "takeover approach" for the company.

Apart from its product division, which sells chips for personal computers, servers and networking equipment, Intel's other main unit is one that operates its factories. Both Arm and Intel declined to comment.

Intel, which is struggling with 澳洲幸运5官方开奖结果体彩网:high debt levels and trying to stem losses, earlier this month updated investors about澳洲幸运5官方开奖结果体彩网: its strategic plans, which include separating 🦹the chip product division from its manufacturing operations.🍨

Intel shares finished Friday—and the week—little changed. Inไvestor concerns that th♛e chipmaker will struggle to turn around its business have weight on the stock this year.

澳洲幸运5官方开奖结果体彩网:Ameri🧸can depositary receipts (ADRs) of Arm fell more than 2%.