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 make a takeover unlikely.

A reported Qualcomm proposal to take over Intel was cheered by investors, but analysts question the practicality of such a deal given Intel's debt and Qualcomm's weak cash position.