China probes Qualcomm's Autotalks deal; shares fall over 4%

Core Viewpoint - China has initiated an antitrust investigation into Qualcomm Inc.'s planned acquisition of Autotalks, signaling increased scrutiny on major US technology firms [1] Group 1: Investigation Details - The antitrust probe targets Qualcomm Inc., a significant player in the semiconductor industry [1] - The investigation comes just before an important meeting between the leaders of China and the United States, indicating potential geopolitical implications [1] Group 2: Market Impact - The announcement of the investigation had an immediate negative effect on Qualcomm's stock price, reflecting investor concerns over regulatory challenges [1]