09.02.2025

Broadcom could make unsolicited bid for Qualcomm as soon as this weekend

It isn’t clear how much Broadcom would offer for Qualcomm, which currently has a market value of roughly $90 billion. There is no guarantee an approach will be made or that Qualcomm would be receptive. It is even less certain that there ultimately would be such a deal given potential regulatory and other hurdles.

Broadcom Ltd. is planning an unsolicited takeover approach to rival chip maker Qualcomm Inc., a bid that could be worth $100 billion but also faces steep odds of success.

Broadcom AVGO, +5.45% may launch its bid for Qualcomm QCOM, +12.71% this weekend, according to a person familiar with the matter. It is likely to be made up mainly of cash, with 10% or 20% in stock, the person said.

Qualcomm is the market leader in chips that manage wireless communications in smartphones. It supplies chips for a portion of Apple Inc.’s AAPL, +2.61% iPhones and its gear is at the heart of many high-end Android phones.

Qualcomm also owns patents on technology essential to implementing cellular-communications standards, which allows it to collect a royalty on nearly every smartphone sold world-wide. And it is a front-runner in the emerging fifth-generation cellular standard known as 5G.

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