{"id":90168,"date":"2024-12-16T00:29:06","date_gmt":"2024-12-16T05:29:06","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=90168"},"modified":"2024-12-16T00:10:12","modified_gmt":"2024-12-16T05:10:12","slug":"broadcoms-long-and-winding-path-to-the-trillion-dollar-club-and-how-trump-played-a-role","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2024\/broadcoms-long-and-winding-path-to-the-trillion-dollar-club-and-how-trump-played-a-role.html","title":{"rendered":"Broadcom\u2019s long and winding path to the trillion-dollar club, and how Trump played a role"},"content":{"rendered":"\n<p>(CNBC) When <a href=\"https:\/\/www.cnbc.com\/quotes\/AVGO\/\">Broadcom<\/a> tried to buy rival <a href=\"https:\/\/www.cnbc.com\/quotes\/QCOM\/\">Qualcomm<\/a> for $120 billion in 2018, its efforts were thwarted. Qualcomm <a href=\"https:\/\/www.cnbc.com\/2018\/02\/20\/broadcoms-qualcomm-bid-is-just-not-even-close-lead-director-says.html\">rejected the offer<\/a> and the Trump administration <a href=\"https:\/\/www.cnbc.com\/2018\/03\/12\/trump-issues-order-prohibiting-broadcoms-bid-to-take-over-qualcomm.html\">declared<\/a> the deal a potential threat to national security.\u00a0 In March of that year, Broadcom <a rel=\"noreferrer noopener\" href=\"https:\/\/investors.broadcom.com\/news-releases\/news-release-details\/broadcom-withdraws-offer-acquire-qualcomm-0\" target=\"_blank\">withdrew<\/a> the bid, which would\u2019ve been the largest technology deal on record, and said, \u201cQualcomm was clearly a unique and very large acquisition opportunity.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/12\/14\/broadcoms-long-path-to-the-trillion-dollar-club-and-trumps-role.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) When Broadcom tried to buy rival Qualcomm for $120 billion in 2018, its efforts were thwarted. Qualcomm rejected the offer and the Trump administration declared the deal a potential threat to national security.\u00a0 In March of that year, Broadcom [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,1],"tags":[],"class_list":["post-90168","post","type-post","status-publish","format-standard","hentry","category-syndicated","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=90168"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90168\/revisions"}],"predecessor-version":[{"id":90169,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90168\/revisions\/90169"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=90168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=90168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=90168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}