Beijing could scupper another merger involving a US chips firm just as the Biden administration clamps down on China’s tech sector

Beijing could scupper another merger involving a US chips firm just as the Biden administration clamps down on China’s tech sector


Beijing antitrust regulators spent so long evaluating a $5.4 billion acquisition by Intel Corporation that the U.S. chipmaker eventually gave up. Now, the country may try to use the same strategy against another U.S. semiconductor firm and torpedo a deal almost 12 times as large.

Chinese regulators are exploring whether to delay approval for U.S. chipmaker Broadcom’s $69 billion deal for cloud computing firm VMWare, reports the Financial Times citing three unnamed sources familiar with…



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