Broadcom Bid Marks Upheaval in Chip Industry

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Broadcom Ltd. made an unsolicited $105 billion takeover bid for Qualcomm Inc., the chip industry’s boldest bet yet that size will equal strength at a time of technological upheaval.

The approach, which would mark the biggest technology takeover ever, shows how tech companies are positioning themselves for a world where a range of chip-driven devices—from phones to cars to factory robots—are transmitting, receiving and processing evermore information.

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