U.S. security panel may ask Trump to block Broadcom deal for Qualcomm

U.S. national security officials are threatening to recommend that President Donald Trump block Broadcom Ltd.’s proposed takeover of rival chipmaker Qualcomm Inc., according to a Treasury Department letter made public Monday.

An investigation of the deal by the Committee on Foreign Investment in the U.S., which reviews purchases of American firms by foreign investors, has confirmed national security threats related to the Qualcomm acquisition by Singapore-based Broadcom, Treasury said in...

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