Broadcom is speaking to advisers about the potential deal, said the people, who asked not to be identified because talks are private. Qualcomm's shares shot up almost 13 percent in midday trading today after the report, for a valuation of about $92 billion.
Avago paid $37 billion in cash and stock for Broadcom. Qualcomm has a market cap of around $92 billion as of writing while Broadcom is worth almost $113 billion.
World of Warcraft Battle for Azeroth expansion announced
There's no timeframe for launch, but the experience should be welcome from WoW players pining for the old days. Battle for Azeroth also includes a new legendary neck piece called the Heart of Azeroth.
Dow Jones reported Broadcom plans to make a bid for Qualcomm as early as this weekend.
Reports in The Wall Street Journal and elsewhere say Apple is contemplating kicking Qualcomm out of its devices entirely, possibly replacing it with Intel chips.
Broadcom, based in Irvine, was acquired in 2016 by Avago Technologies, a Singapore based semiconductor outfit that has been growing through acquisitions - including LSI Corp., PLX Technology, Emulex and others. This week, Broadcom said it would move its headquarters from Singapore back to the us, where it lists an HQ in San Jose, California.
Adviser he once called 'excellent' was really a 'young low level volunteer'
One suspects, from his delivery, that if Jason Voorhees had been listed, Trump would have read his name and said: "Hockey player". Sessions, however, did attend, and he and Papadopoulos sat next to each other, according to the source who was in the room.
Qualcomm shares are now up 12.62% to $61.76.
At issue between Qualcomm and Apple are licensing fees the chipmaker charges for patents that cover the basics of how mobile phone systems work.
The deliberations come as Qualcomm, based in San Diego, California, tries to close its $47-billion purchase of NXP Semiconductors NV. Broadcom also supplies is a major supplier of parts for Apple's iPhone, and new management might be better positioned to resolve the dispute, Bloomberg noted.
Overwatch's new healer Moira will do anything for science
In accordance with BlizzCon , Blizzard updated its official site with more information on the upcoming Overwatch hero. Moira, the shooter's latest addition, is a support hero that can heal teammates and teleport around the map.
A tie-up between the two chipmakers would be the latest in the semiconductor industry that has been rapidly consolidating as companies try to capture a big share of the fast-growing market for connected devices and connected cars.