• Broadcom to stay on deal path after Qualcomm halt: analysts

    7 monthes ago - By Reuters

    Broadcom Ltd's Chief Executive Hock Tan is unlikely to put the brakes on his acquisition spree after the microchip maker's $117 billion bid for Qualcomm Inc was blocked by U.S. President Donald Trump on national security grounds, analysts said on Tuesday.
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  • Trump halts Broadcom takeover of Qualcomm

    7 monthes ago - By Reuters

    U.S. President Donald Trump blocks microchip maker Broadcom Ltd's proposed takeover of Qualcomm Inc on national security grounds, ending what would have been the technology industry's biggest deal ever amid concerns that it would give China the upper hand in mobile communications. Ivor Bennett reports.
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  • Intel hits a record high after Trump shuts down the Qualcomm-Broadcom merger that would have created a super competitor

    Intel hits a record high after Trump shuts down the Qualcomm-Broadcom merger that would have created a super competitor

    7 monthes ago - By Business Insider

    President Trump on Monday blocked chipmaker Broadcom's proposed $117 billion buyout of Qualcomm , citing national security.
    Shares of Intel rose after the executive order as a potential large new competitor is essentially wiped out.
    "This decision hangs a huge ‘not-for-sale' sign on just about every American semiconductor firm," one analyst said.
    Shares of Intel rose more than 4%, hitting a record high of $53.76, Tuesday morning after President Donald Trump blocked competing Broadcom's proposed $117 billion buyout of Qualcomm. The deal would have created a major competitor for the...
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  • Broadcom's ambitious chief will shift target after Qualcomm halt: analysts

    7 monthes ago - By Reuters

    Broadcom Ltd, led by dynamic Chief Executive Hock Tan, is unlikely to put the brakes on an acquisition spree after its $117 billion bid for Qualcomm Inc was blocked by U.S. President Donald Trump on national security grounds.
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