Broadcom May Acquire Qualcomm For $100 Billion: Report

Main Image
  • Like
  • Comment
  • Share

Broadcom, leading WiFi chipset maker, is in the process to buy out shares of Qualcomm for a sum of more than $100 billion. The deal once inked will be the biggest ever takeover of a chipmaker, according to reports from Bloomberg and Reuters.

As per the report, Broadcom is looking at every possibility of this closed-door affair. The firm is planning to offer $70 to $80 per share to Qualcomm, which brings its total value of at around $103 billion.

Also Read: Qualcomm Snapdragon 636 With Kyro Cores Features and Availability

Both parties declined to comment on the matter, but they witnessed a healthy outing at the share market. Ever since the news broke out, Qualcomm rose as much as 19 percent in New York and closed up at 13% higher or $61.81 increase per share valuing the company at $91 billion. While Broadcom share rose up 5%, taking its valuation to $112 billion.

Meanwhile, both Qualcomm and Broadcom are looking to acquire NXP Semiconductors NV, which is the largest makers of chips for vehicles. Qualcomm has its deal ready for $38-billion, but Broadcom may spoil the party with a higher bid than that. Antitrust officials, who are looking into the Qualcomm-Broadcom deal, are still considering the former’s acquisition of NXP.

Qualcomm and Broadcom manufacture products in wireless communications that are largely adjacent to each other. Qualcomm’s chipset covers mobile data networks while Broadcom covers Wi-Fi and Bluetooth.

Paytm Looking to Take On WhatsApp With ‘Inbox’ Messaging Feature

Ashish KumarAshish Kumar
He is Journalism graduate, sports lover, and a passionate reader. Just like others his eyes is also filled with dreams and believes that one day those dreams will come true. Cheers!

Related Articles

ImageExclusive: Samsung Galaxy Watch7 Ultra 5K Renders; Say Hello to Squarish Design

Samsung’s Galaxy Watch series is one of the most popular WearOS watches on the market. The Galaxy Watch Classic series, though, has a separate fanbase due to its elegant design and, most prominently, the rotating bezel. We’re happy to report that Samsung is continuing the Classic series with the Galaxy Watch7 Ultra, but with a …

ImageHuawei will go strong despite US Ban thanks to 5G prospects

Months since its US ban, Huawei still managed to record a revenue of USD 122 Billion in 2019, which was an 18% leap over the previous year. The company CEO, Eric Xu also signaled a strategic and long-term survival in 2020. The big bet for the same seems to be counting on the future of …

ImageIntel to come up with WiFi 7 in 2024? Read on to know the complete story

Nowadays, almost every smartphone, tablet, and laptop come with WiFi technology. Although WiFi 6 and 6E are the latest in broadband internet, these are still limited to select devices. However, this low adoption rate seems to have not deterred the semiconductor giant Intel from moving on to the next generation of WiFi, namely WiFi 7. …

ImageSamsung Eyes Exynos 2500 And Qualcomm’s Return With FOWLP: Report

Samsung Electronics is about to adopt a new processor packaging technique for its high-spec Exynos processors to power the flagship Galaxy S series. According to a report by, the Korean tech giant is turning toward Fan-Out Wafer-Level Packaging technology for the Exynos 2500 SoC on the Galaxy S25 series. The move aims to enhance …

ImageGoogle Is Working On A Mysterious Wear OS Smartwatch, Could Be The Pixel Watch 2A: Report

Google is about to host its annual I/O event on May 14 and 15. However, just a few weeks ahead of the event, a mysterious Google smartwatch has appeared on the FCC website. Although it is unlikely that this is the Pixel Watch 3, it could be a slightly toned-down version of the company’s flagship …


Be the first to leave a comment.