Thread regarding Qualcomm Inc. layoffs

It’s easy to figure out why Qualcomm said no to the possibility of a new NXP deal

I agree with this article that the main barrier for a potential revitalization of the NXP acquisition is quite simple, Qualcomm doesn’t have the funds to reactivate the bid. As someone who was against the NXP deal from the very start, I have to say that I am glad that things turned out this way. In any case, it wouldn't be wise to go into more debt in order to pursue an acquisition like this.

https://www.thestreet.com/investing/china-remarks-are-encouraging-sign-for-chip-deals-14800293

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And that was why Xi made the promise he would approve the deal. He knew it won't happen.

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