What's Next For Broadcom Now That Trump's Nixed Qualcomm Buy?

Chipmaker Broadcom (AVGO) is likely to pursue other acquisitions now that President Donald Trump has nixed its proposed purchase of Qualcomm (QCOM), analysts say.

X Trump late Monday issued an order blocking Broadcom's hostile takeover bid for San Diego-based Qualcomm on national security grounds. Even though Singapore-based Broadcom is moving its headquarters to the U.S., the federal government is still concerned about the company's ties to China, including firms like Huawei.

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