US President Trump halts Broadcom takeover of Qualcomm

Broadcom
A sign to the campus offices of chip maker Broadcom Ltd is shown in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake

U.S. President Donald Trump issued an order on Monday prohibiting semiconductor maker Broadcom Ltd’s proposed takeover of Qualcomm Inc on grounds of national security, bringing an end to what would have been the technology industry’s biggest deal ever.

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