Loading...
Home / Tag Archives: Trump White House blocks Broadcom takeover of Qualcomm

Tag Archives: Trump White House blocks Broadcom takeover of Qualcomm

Trump White House blocks Broadcom takeover of Qualcomm ,

SAN FRANCISCO — President Trump has blocked Singapore-based Broadcom’s proposed $117 billion takeover of U.S. chipmaker Qualcomm for national security reasons. In the order released Monday night, Trump cited “credible evidence” that the takeover “threatens to impair the national security of the United States.” Coming just hours after Broadcom CEO Hock Tan met with …

Read More »