SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 166.81-4.1%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GR8FORM who wrote (195972)10/10/2025 7:20:18 AM
From: Bill Wolf2 Recommendations

Recommended By
JeffreyHF
manning18

   of 196660
 
China has begun an investigation into a months-old Qualcomm Inc. acquisition, taking aim at yet another US technology giant before a pivotal meeting of the leaders of the world’s two largest economies.

The State Administration for Market Regulation has opened an antitrust investigation into the takeover of connected-vehicle technology provider Autotalks, a deal announced in June. In a brief statement, the watchdog said it would look into potential violations of the country’s anti-monopoly law in relation to the transaction. Qualcomm’s shares fell more than 4% in pre-market trading in New York.

Beijing is targeting Qualcomm, whose technology is key to smartphones and networking, in the run-up to talks between US President Donald Trump and his Chinese counterpart, Xi Jinping. Both countries are maneuvering for leverage ahead of the expiration of a US-China trade truce — even at the risk of escalating tensions.

China this week unveiled sweeping new curbs on its exports of rare earths and other critical materials, echoing moves made in April in response to Trump’s so-called “Liberation Day” tariffs. That came as Beijing continued to eschew purchases of American soybeans, exacerbating an economic squeeze on farming communities that largely voted for Trump in 2024.

Apart from Qualcomm, Chinese regulators also announced an investigation into Nvidia Corp.’s 2020 acquisition of networking gear maker Mellanox. That probe was unveiled just as Beijing and Washington officials sparred over trade and other issues during wide-ranging negotiations in Madrid about a month ago.

Friday’s announcement also drove shares in Alphawave IP Group Plc about 6.5% lower

in London. Qualcomm is in the process of buying the company in a $2.4 billion deal struck earlier this year.

(Updates with Xi-Trump meeting from the second paragraph.)

bloomberg.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext