Shares of Qualcomm Inc. rallied Friday following a report that Broadcom Ltd. was interested in acquiring the chipmaker. Qualcomm shares jumped 14% to $62.59 in recent activity, its biggest one-day surge since October 2008, while shares of Broadcom rose 5% to trade at $272.51. The share moves followed a report from Bloomberg that Broadcom was exploring what would be the biggest chipmaker acquisition ever, according to people familiar with the matter. Broadcom made big news Thursday after announcing that it was moving its headquarters back to the U.S. from Singapore.
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