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Earnings Outlook: Broadcom earnings: Qualcomm? Who cares?

With all the drama surrounding Broadcom Ltd.’s blocked hostile takeover of Qualcomm Inc., the Singapore-but-soon-to-be-U.S.-based chip maker is expected to show on Thursday that it doesn’t really need Qualcomm.

For months, Broadcom AVGO, -0.62% and Qualcomm QCOM, -4.95% were locked in a squabble about Broadcom’s takeover offer, which would have been the largest tech merger in history. The drama climaxed when Qualcomm’s March shareholder meeting was delayed by the Committee on Foreign Investment in the U.S. last week as Broadcom appeared to gaining favor with shareholders, followed by President Donald Trump’s executive order blocking the deal on Monday.

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