Higher demand for data centre tech
Broadcom predicted current quarter revenue largely above estimates on higher demand for components that power data centres.
Wall Street convinced that it has lost the plot
Broadcom has seen more than $19 billion wiped off the value of its company after Wall Street gave a plan to buy Computer Associates (CA) the thumbs down.
Worth $18.9 billion
Broadcom announced plans to buy IT management software company CA for $18.9 billion in cash, just months after US regulators blocked Broadcom's deal to buy fellow chip-maker Qualcomm.
More likely to follow
Broadcom has laid off about 1,100 workers as part of cost cutting following its $5.5 billion acquisition of Brocade, and more cuts are expected to come.
Rumours are wrong
MediaTek has dismissed a rumour circulating in the Taiwan media that Broadcom had approached it about a takeover.
But says it will move back to the US
Broadcom has scrapped its bid for Qualcomm although it will press on with its plan to move its base to the United States.
Nope, we didn't see that one coming
President Donald (Prince of Orange) Trump has blocked any moves for Broadcom to take over Qualcomm by issuing a presidential order.
Will be "American" two days before Qualcomm takeover bid
Singapore-based Broadcom will have redomiciled to the United States by April 3, two days before the chipmaker’s acquisition target Qualcomm's annual shareholder meeting where it is planning to mount a hostile take-over.
Orders delay to shareholders' meeting on security grounds
There are signs that the writing might be on the wall for Broadcom's bid to take over Qualcomm, as the US government has now intervened to delay the take-over.
Government (CFIUS) stepped in
Broadcom and Qualcomm are fighting for positions on the board as this is currently Broadcom’s only chance to win its hostile takeover of Qualcomm. Qualcomm is very clear that it doesn’t like the $79 offer that it thinks undervalues the company and has rather justified regulatory agency concerns. Now the US government Committee on Foreign Investment in the United States (CFIUS) has got involved and ordered Qualcomm to postpone the shareholder meeting for a month.