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Chip industry turned upside down: Broadcom bids $130 billion for Qualcomm, Intel teams up with AMD

Today provided a brutal reminder of how fundamental shifts to mobile technology has caused a profound upheaval in the semiconductor market that is transforming some of the biggest names in the industry. The move away from desktop computing started long ago. But the increasingly powerful smartphones we carry, the explosion of so-called Internet of Things […]

Broadcom wants to buy Qualcomm

(Reuters) — Communications chipmaker Broadcom Ltd is planning to unveil a bid for smartphone chip supplier Qualcomm Inc by Monday, three sources familiar with the matter said on Friday, an attempt to create a roughly $200-billion company through the biggest technology acquisition ever. A tie-up would combine two of the largest makers of wireless communications […]