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Nasdaq slightly higher on likely megadeal in chip sector
Shares of Qualcomm (QCOM.O) rose 4.4 percent and was the biggest boost to the Nasdaq after Broadcom (AVGO.O) offered to buy the smartphone chip supplier in what could be the biggest merger in the tech sector. Advanced Micro Devices (AMD.O) rose 7.3 percent on a report that it plans to team up with Intel (INTC.O) to form a personal computer chip unit. Investors also kept an eye on President Trump's comments on North Korea's nuclear missile program and trade during his 12-day tour to Asia.
https://finance.yahoo.com/news/wall-street-flat-open-chip-144116852.html?.tsrc=rss
Shares of Qualcomm (QCOM.O) rose 4.4 percent and was the biggest boost to the Nasdaq after Broadcom (AVGO.O) offered to buy the smartphone chip supplier in what could be the biggest merger in the tech sector. Advanced Micro Devices (AMD.O) rose 7.3 percent on a report that it plans to team up with Intel (INTC.O) to form a personal computer chip unit. Investors also kept an eye on President Trump's comments on North Korea's nuclear missile program and trade during his 12-day tour to Asia.
https://finance.yahoo.com/news/wall-street-flat-open-chip-144116852.html?.tsrc=rss
