Tech sector tumbles after the Broadcom-Qualcomm deal is blocked

Qualcomm, Broadcom Singapore
Tech sector tumbles after the Broadcom-Qualcomm deal is blocked

Tech sector tumbles after the Broadcom-Qualcomm deal is blocked

A failed merger between Qualcomm and Broadcom has some investors worried about the Trump administration's tougher rhetoric on China. "While most tech names including FANG stocks are relatively insulated from any China worries/headwinds, this is enough ...


CNBC
Torpedoing Broadcom deal adds to fears of protectionism

The death of Broadcom's bid for Qualcomm at the hand of Mr Donald Trump leaves a worrying fog for others to navigate. The US president blocked the Singapore-based chipmaker's $117 billion hostile offer on Monday evening, citing national-security ...


The New Paper Read on the original site - Tech sector tumbles after the Broadcom-Qualcomm deal is blocked