Analysis: Qualcomm IP must say American
A shocking development in the ongoing attempt by Broadcom to takeover Qualcomm in a hostile way has finally been put to rest. The US government's Committee on Foreign Investment (CFIUS) advised the President Donald Trump to put a stop to it. The reaction was swift, as the US government ordered both Broadcom and Qualcomm to put an end to the matter, immediately.
Apple keeps its fingers crossed
Qualcomm and Broadcom plan to meet on Wednesday to talk about the latter’s $121 billion acquisition offer, the first time the semiconductor companies will discuss the potential deal, people familiar with the matter said.
Might prevent its own chip moves
A potential mega-merger between chipmaker Broadcom and Qualcomm is pretty unlikely to get much support from the Chinese authorities.
Broadcom acquisition unlikely
Qualcomm has surged $61.81 on a rumor that some people close to the matter have heard that Broadcom is thinking about being bought.