It almost did. There was a hostile takeover bid from Broadcom a few years back, and the US gov intervened to block it. https://www.reuters.com/article/us-qualc

It almost did. There was a hostile takeover bid from Broadcom a few years back, and the US gov intervened to block it. https://www.reuters.com/article/us-qualcomm-m-a-broadcom-timeline/timeline-broadcom-qualcomm-saga-comes-to-an-abrupt-end-idUSKCN1GQ22N https://www.reuters.com/article/us-qualcomm-m-a-broadcom-tim...