Video: Jim Cramer and Qualcomm's CEO Recap the Broadcom Saga
TheStreet's founder Jim Cramer and Qualcomm CEO Steve Mollenkopf recap Broadcom's quest to acquire Qualcomm during a discussion at The Deal's Corporate Governance Conference on Thursday.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer and Qualcomm (QCOM) CEO Steve Mollenkopf recap Broadcom's (AVGO) quest to acquire Qualcomm during a discussion at The Deal's Corporate Governance Conference on Thursday.
The deal was blocked by President Trump. The important nature of 5G technology, which Qualcomm has exposure to, played a role in the White House's decision, according to Mollenkopf.
"There are some technologies that are just so impactful - countries want to weigh in on them," Mollenkopf said.
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