The embattled chip giant has become a takeover target in recent days, but the tough act of separating the pros from the cons make a takeover unlikely.

With its market value down sharply, Intel has become a takeover target. That shows how strategic missteps and the artificial-intelligence boom have together reshaped the fortunes of America’s most storied semiconductor company.

Intel has gone from the world's most valuable chipmaker to the target of a takeover bid, after a series of missteps in recent years has left the company in a vulnerable position.

Apollo Global Management is reportedly considering a $5 billion investment in Intel, as the chipmaker faces significant stock declines and increased competition.

Apollo’s offer comes shortly after news that chipmaking rival Qualcomm has approached Intel to explore a friendly acquisition.