Qualcomm Inc.’s interest in pursuing an acquisition of Intel Corp. has cooled, according to people familiar with the matter, upending what would have likely been one of the largest technology deals of all time.

Semiconductor maker Qualcomm Inc.’s interest in acquiring rival Intel Corp. is souring, Bloomberg News reported Monday night.

Qualcomm’s plans to buy Intel have recently changed, as the company has decided to step away from the idea of a full acquisition. According to a Bloomberg news report, this move comes after Qualcomm realised that buying Intel would be more complicated than expected, with many challenges in the way.