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Ina Fried Feb 20
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Broadcom re-evaluating bid after Qualcomm ups NXP offer

Paul Jacobs Qualcomm
Paul Jacobs speaks during a keynote address. Photo: David Becker / Getty Images

Qualcomm raised its offer for Dutch chipmaker NXP Semiconductors on Tuesday, possibly making that deal more likely to happen and a hostile takeover from Broadcom less likely.

The bottom line: This is the highest-stakes poker game in town and Qualcomm just significantly increased the pot.