Broadcom has missed the big chip rally, but that may be about to change

Broadcom shares haven’t acted very well as the rest of the semiconductor space surge. That may be about to change.
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How Huawei forced Trump to block the Broadcom deal ever by doing nothing

Broadcom Qualcomm Deal

Broadcom’s hostile Qualcomm takeover plans hit a massive wall on Monday: Trump. The president issued an order to block the $ 117 billion Qualcomm buyout, effectively killing what could have been among the biggest tech deals in history.

It all happened over national security issues, and it all has to do with Huawei, a giant Chinese corporation whose ties to Beijing are a cause of concern among intelligence agencies. The best part about it is that Huawei did nothing to block the Qualcomm deal. Well, other than advancing 5G technology development at a rapid pace.

Continue reading…

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How Huawei forced Trump to block the Broadcom deal ever by doing nothing originally appeared on BGR.com on Tue, 13 Mar 2018 at 08:51:21 EDT. Please see our terms for use of feeds.


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Broadcom to Qualcomm: We’re coming for you

Broadcom has been ratcheting up the pressure on shareholders of rival chipmaker Qualcomm this week — even as the landscape surrounding the hostile takeover becomes more tenuous. Advisers for Singapore-based Broadcom told a Qualcomm shareholder that the company is accelerating its plans to re-domicile to the US, The Post has learned. Broadcom’s stepped-up pressure comes…
Business | New York Post

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