Trump Blocks Broadcom's $117B Qualcomm Acquisition

President Trump issues an executive order blocking Singapore-based Broadcom's hostile $117 billion takeover bid for Qualcomm, citing national security concerns. CFIUS warns that Chinese companies—particularly Huawei—could fill the market void if Qualcomm's R&D declined under new ownership. This is the largest CFIUS-blocked deal in history and signals a new era of technology M&A security screening.