Trump's order echoed that concern, saying a takeover by Broadcom "threatens to impair the national security of the United States".
Broadcom is also withdrawing a proposed slate of nominees to Qualcomm's board of directors.
The Committee on Foreign Investment in the United States (CFIUS), which vets acquisitions of U.S. corporations by foreign companies, said the Broadcom takeover risked weakening Qualcomm, which would boost China in the 5G race.
When the president comes to San Diego on Tuesday, an explanation of his decision is needed - not just by residents but by nations that see themselves as USA allies.
Lobbying by chip giant Intel, which was wary of a Qualcomm-Broadcom merger, is said to have played a role in the scuttling of the deal. Qualcomm said that Broadcom was fundamentally underestimating the company's value.
A Broadcom takeover could see the company cut research and development spending by Qualcomm or sell strategically important parts of the company to other buyers, including those in China, officials and analysts said.
"Although we are disappointed with this outcome, Broadcom will comply with the order".
Trump's reason for blocking the US$117m deal was "national security risks". "Broadcom will continue to move forward with its redomiciliation process and will hold its Special Meeting of Stockholders as planned on March 23", the company said in a statement. He blocked the deal just hours after speaking with Hock Tan, Broadcom's CEO at the Pentagon, who was trying to save the deal.
The members of CFIUS include the heads of the Departments of the Treasury (chair), Justice, Homeland Security, Commerce, Defense, State, Energy, the Office of the U.S. Trade Representative, and the Office of Science & Technology Policy. A few weeks after the visit, when Tan promised to headquarter his company in the U.S., Broadcom announced the acquisition of Brocade was complete on November 17.
Headlined simply "Trump Was Right To Block Merger", the Times explained that Trump's pre-emptive move to prevent Singapore company Broadcom Limited's purchase of the largest domestic semiconductor manufacturer made sense considering the sensitive nature of computer chips. Rejected by the American chipmaker's board, Broadcom looked to conduct a hostile takeover.
Fully guaranteed, short so it gives the player the power, and gives the player more leverage and control over the organization. The team traded for quarterback Alex Smith in January, sending a third-round pick and cornerback Kendall Fuller to the Chiefs.
More than 600,000 people tuned in on Twitch - that's the most number of people watching an individual live-stream on the platform. Disrespect's 388,000, while Eleague Major: Boston 2018 still holds the all-time Twitch record with 1.1 million views.
Trump campaigned as a businessman whose deal-making prowess would translate directly into reforming Washington. Trump's lawyer, Michael Cohen, at his Trump Organization account claiming he had ties to President Vladimir V.
However the harsh reality is no matter who the Cardinals got at quarterback, Mathieu's days in Arizona were numbered. Highly respected across the league, Mathieu has already received a ton of "pitches" from players around the league.
Police described Mr Glushkov as a "retired financial director" and said he had lived in the home in Clarence Avenue for two years. Counter-terrorism police are investigating the death of Mr Glushkov , who was found at his home in south-west London on Monday.
They have spawned an extremist ideology which is a danger not only to Bihar but also to the country in the coming days. The BJP's Rinki Pandey was leading by over 6,000 votes over Sambhu Patel of the Congress, a RJD ally, in Bhabhua .
Highbridge accumulated 103,398 shares or 0.04% of the stock. 15,390 are held by Liberty Mutual Asset Mngmt. Its up 12.23% from 2.56M shares previously. (NYSE: DKS ), 16 have Buy rating, 2 Sell and 18 Hold.
Appearing on " The Ellen DeGeneres Show ", Kendall was asked if she has "baby fever", and she replied: "But I don't, I don't". While Jenner's hair and makeup was a tried-and-true redux, her outfit was a modern update on a feminine classic: polka dots.
Georgia hires Tom Crean as new basketball coach
Georgia reportedly offered its job to former Ohio State coach Thad Matta earlier in the week, but Matta turned down the position. He coached the Hoosiers and Marquette for nine seasons each, totaling 356 victories with nine total NCAA tournament appearances.
Audi will introduce four-door E-Tron GT by 2020
The concept version of the e-tron quattro features three electric motors - one for the front axle and two for each rear wheel. Moreover, the company will launch more new models than ever before and will enter the age of electric mobility this year.
Eric Weddle pitches Michael Crabtree to the Ravens
Crabtree didn't stay a free agent for long with the wideout finding a new home in the National Football League on Friday. However, that deal had to be scrapped after Grant failed a physical on Thursday night .
Hubert de Givenchy, owner of eponymous brand, has died
He studied at the École des Beaux-Arts to train to become a fashion designer, and his mother introduced him to the couture houses. He remained head of creative design for seven years before retiring in 1995, reports Elle UK .
IHeartMedia Files for Bankruptcy
Lee Partners and Bain Capital LLC control 68% of the iHeartMedia voting stock shows a recent annual report. The company is facing $20 billion in debt which had compounded roughly over the past ten years.
Sooners & Young One and Done at the NCAA Tournament
Matthews led No. 7 Rhode Island to an 83-78 OT win over No. 10 Oklahoma in the first game of the 2018 NCAA Tournament . It would be doubly surprising given how Oklahoma's season went, with the Sooners losing 12 out of their last 16 games.
SP defeats BJP in UP Lok Sabha polls
On March 11 last year, the BJP state headquarters sprang with celebrations as the party returned to power after a 14-year gap. The victories in Phulpur and Gorakhpur of the SP-BSP alliance has proved to be a big setback for the BJP .