Broadcom Limited
Delayed Nasdaq - 04/09 10:00:00 pm
234.74USD
+2.56%

Broadcom : Technology Shares Fall as Trump Blocks Deal -- Tech Roundup

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03/14/2018 | 01:51 am


Technology shares led the market lower after President Donald Trump blocked a big sector deal. Trump stopped Singapore-based Broadcom's $117 billion hostile offer for Qualcomm, quashing what would have been the biggest-ever tech deal, citing national-security concerns raised by China's growing strength in an array of advanced technologies. China makes up nearly two thirds of San Diego-based Qualcomm's revenue.






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