Skip to main content
Citing national security, Trump blocks Broadcom bid for Qualcomm
Chip Somodevilla/Getty Images

President Donald Trump issued an executive order Monday to block Broadcom's attempted hostile takeover of Qualcomm, citing national security concerns. The Committee on Foreign Investment in the US had concluded that Singapore-based Broadcom could cut Qualcomm's research and development efforts, leaving the US company to fall behind competitors in developing 5G technology.

Full Story: