The day after putting on the show of smiles and habdshakes, US is showing signs on not relenting on what Xi called "tech containment" against China.
Considering Broadcom's ties with China, and especially its Singaporean origin via Avago, Hock Tan should watch out for this as well
https://www.msn.com/en-us/news/technology/exclusive-applied-materials-under-us-criminal-probe-for-shipments-to-chinas-smic-sources/ar-AA1k3aGg
I hope for a failed deal
China is not approving this deal in next 8 days and no way deal is going to be extended past 26th as the board will not approve it. Expect an announcement that BC is abandoning on 26th.
Alibaba scraps cloud business spin-off citing US chip export ban
https://www.reuters.com/business/retail-consumer/alibaba-quarterly-revenue-line-with-expectations-2023-11-16/
https://finance.yahoo.com/news/applied-materials-declines-report-us-211509547.html