broadcom

U.S. regulators have asked the giant chipmaker Qualcomm to delay an annual shareholder meeting to give them more time to investigate whether a takeover bid by Broadcom, a Singapore-based rival, would threaten U.S. national security. The surprise move by a government panel that scrutinizes deals by foreign companies comes amid a charged political atmosphere in which scrutiny of takeovers of U.S. companies by international challengers has increased drastically. That the intervention was made even before a deal between the two chipmakers was formally agreed highlights that shift. Broadcom had sought to pave the way for its hostile bid by...