Broadcom’s bid for Qualcomm could threaten national security, U.S. warns

Broadcom Ltd.’s hostile takeover attempt of Qualcomm Inc. could pose a national security risk because of Qualcomm’s leadership in developing critical semiconductor technology, according to the U.S. Treasury Department, setting up a potentially insurmountable hurdle to getting a deal done.
Qualcomm’s sale to Singapore-based Broadcom could hurt the chipmaker’s competitiveness by reducing research and development, which would threaten U.S. security, Treasury said in a March