Tuesday, May 21, 2019

Sources: FTC seeks evidence that Broadcom's conduct harmed rivals in WiFi and network switch chip markets, broadening its probe; Broadcom stock closes down 6% (Bloomberg)

Bloomberg:
Sources: FTC seeks evidence that Broadcom's conduct harmed rivals in WiFi and network switch chip markets, broadening its probe; Broadcom stock closes down 6%  —  - FTC investigation said to examine exclusive dealing practices  — Inquiry is focused on Broadcom's Wi-Fi and switch-chip sales



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Chinese optical transceiver maker Ligent jumps 19% in its Hong Kong debut, giving it a ~$4.6B market cap, after raising ~$727M, the latest Hong Kong AI IPO (Sangmi Cha/Bloomberg)

Sangmi Cha / Bloomberg : Chinese optical transceiver maker Ligent jumps 19% in its Hong Kong debut, giving it a ~$4.6B market cap, after ...