In a rare moment of unity, Senate Minority Leader Chuck Schumer (D-N.Y.) praised President Donald Trump for blocking Broadcom’s $117 billion acquisition of Qualcomm.
“Let me say unequivocally: President Trump and his administration made the right decision on blocking Broadcom from taking over Qualcomm,” Schumer said Tuesday from the Senate floor.
Qualcomm and Broadcom — in that order — are the global leaders in chipmaking technology. Trump stepped in to block the potential merger, CNBC reported, over national security concerns. – READ MORE
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