Fell on Wall Street on Monday after Bloomberg reported that the US Federal Trade Commission had examined the company’s tactics around its processor sales.
Last year, Trump stopped Broadcom’s bid to acquire Qualcomm.
The federal agency is looking for an indication that Broadcom has passed competition laws on the sale of data network switches and Wi-Fi chips, the report said.
Broadcom refused to comment.
Earlier, it was reported that Broadcom, together with other technology companies in the US, would stop working with Chinese technology company Wavi, in the shadow of a presidential order issued by Trump last weekend.
Broadcom plunged sharply in the shadow of an investigation by the Federal Trade Commission
Earlier, it was reported that Broadcom, along with other technology companies in the United States, would stop working with Chinese technology company Wavi
best deals for you: