Broadcom canceled its planned $1 billion ATP facility in Spain this month due to negotiation breakdown, showing the opportunistic project wasn’t central to its global strategy.

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US chipmaker Broadcom has abandoned its planned $1 billion (€910 million) investment in a microchip facility in Spain.

Broadcom defied the broader market downturn, closing at $280.94 with a 1.94% gain, outperforming the S&P 500’s 0.4% loss. The ...

Broadcom has abandoned its $1 billion microchip facility plan in Spain after negotiations with the government hit a wall. The ...

Broadcom has reportedly scrapped its plan to invest US$1 billion in an assembly, test, and packaging (ATP) facility in Spain.

Broadcom did not disclose the investment size, though Madrid had previously hinted the plant could be worth about $1 billion.

Media reports have stated that Broadcom has scrapped its plan of building a microchip manufacturing plant in Spain.

Broadcom (AVGO) has cancelled plans to invest in a microchip facility in Spain as discussions with the government have broken ...

U.S. chipmaker Broadcom has pulled out of plans to invest in a microchip plant in Spain as talks with the government have ...