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FTC $22B Chip Giant Merger Suit Pauses Skyworks-Qorvo Dea...
Summary by USA Herald
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1 Articles
FTC $22B Chip Giant Merger Suit Pauses Skyworks-Qorvo Dea...
The Federal Trade Commission has thrown a regulatory wrench into the semiconductor industry’s latest blockbuster: FTC $22B Chip Giant merger suit has effectively paused the planned union of U.S. rivals Skyworks Solutions Inc. and Qorvo Inc., a deal that would have created a $22 billion powerhouse in radio frequency and analog semiconductors. In filings with the U.S. Securities and Exchange Commission on Thursday, both companies disclosed they re…
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