Trump Says Broadcom Is Moving Headquarters to U.S. From Singapore

  • Broadcom’s existing co-headquarters in Singapore, California
  • Chipmaker facing U.S. regulatory hurdles to latest acquisition
President Trump announces that semiconductor company Broadcom Ltd. is moving its headquarters back to the U.S..(Source: Bloomberg)
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President Donald Trump said semiconductor company Broadcom Ltd. is returning its headquarters to the U.S. from Singapore.

Broadcom Chief Executive Officer Hock Tan joined Trump Thursday in the Oval Office for the announcement. Tan said the move to domicile the company in the U.S. would bring $20 billion in revenue into the country.