Fear of China Scuttles Broadcom Deal That Didn’t Involve China

President Donald Trump blocked Broadcom’s proposed $105 billion acquisition of fellow wireless chip giant Qualcomm on Monday amidst mounting fears that US could fall behind China on technology innovation. That’s a little odd, because on its face, the deal itself has nothing to do with China. Broadcom’s key units are US-based; the company is headquartered …

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