https://wccftech.com/traders-confident-qualcomm-acquisition/

Broadcom has a $103 billion offer for Qualcomm, and while the latter has yet to deliver a comment regarding this development, investors continue to remain positive that the deal will be getting done.

During the initial report that stated Broadcom’s intentions over acquiring Qualcomm through a deal that would make it one of the biggest for a chip acquisition, there was a 16 percent increase in Qualcomm shares. However, traders are still paying the highest premium than they ever have in two years, with hopes relying on the fact that the multibillion-dollar deal does go through.