Takeover Of American Chipmaker News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Biggest tech deal citing national security concerns. president trump is ordering broadcom to end the hostile takeover of qualcomm. it touches smartphones to cars. trump writes there is credible evidence of the threatening of the national security of the united states. he follows the rare intervention of the panel that vets foreign deals. that committee s concern is china. broadcom is worried that it will slow the development of 5g wireless to cause the u.s. to fall behind whine the race for . this is not the first time the administration has blocked foreign investment with tech and china is concerned. the takeover of american chipmaker backed by a private ....

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