Trump blocks Broadcom’s bid to buy Qualcomm – ValueWalk Premium
Intel and AMD

Trump blocks Broadcom’s bid to buy Qualcomm

US President Donald Trump blocked Monday an unsolicited bid by Singapore-based Broadcom to take over smartphone chipmaker Qualcomm, citing national security concerns. Trump issued an order barring the proposed mega-acquisition, saying there is credible evidence such a deal “threatens to impair the national security of the United States,” according to a White House statement. The order…



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