ALSO READBroadcom drops Qualcomm acquisition bid after Trump blocks deal Wall Street slips as industrials lag fearing the impact of trade tariff I cannot stand Donald Trump, says Apple co-founder Steve Wozniak Dow down for fifth straight day as global trade war fear weighs Broadcom raises offer to buy Qualcomm to $121 bn, calls it the final offer
Chipmaker Broadcom Inc
The company, which last month ended its efforts to acquire rival Qualcomm Inc,
Broadcom moved back to the United States from Singapore earlier this month, following U.S. President Donald Trump's decision to block its $117 billion offer to buy Qualcomm on national security concerns.
The San Jose, California based company has about 411 million outstanding shares and a market value of about $98.71 billion as of Thursday's close.