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Broadcom for Xilinx, Mellanox? Or Just More Capital Returns?

Following U.S. President Donald Trump’s order late yesterday ordering Broadcom (AVGO) to relinquish its hostile bid for fellow chip maker Qualcomm (QCOM), the Street is already asking what next mountain Broadcom might climb. Shares of Broadcom are up $3.56, or 1.4%, at $266.40. Qualcomm shares are down $3.34, or 5.4%, at $59.47.