Not entirely sure what to make of this:

In an executive order Monday night, President Trump said his administration has uncovered national security concerns in Broadcom’s hostile bid to take over Qualcomm, a deal that would have put one of America’s biggest mobile chipmakers in the hands of a company based in Singapore.

On the one hand, I’m always glad to see major mergers/acquisitions get stopped, especially hostile take overs. On the other, national security seems to be a strange argument on its face. Especially considering that Broadcom has headquarters in California along with Singapore and it’s history can be traced back to being a division of HP. It’s not like this company is a national company of Singapore, it’s actually a publicly traded company on the Nasdaq.