The deal could be worth as much as $30 billion.
Latest from Charlie Osborne
Updated: The buyout has become one of the largest acquisitions recorded in 2020.
Analysts predict COVID-19 will impact both semiconductor supply and demand.
Infineon says the deal will secure future opportunities in automotive, industrial, and IoT markets.
Reports suggest Jacobs has ditched his plans in favor of wireless tech pursuits.
Updated: Nvidia has secured Mellanox for $6.9 billion following rumors of the deal.
The companies say they will be the "first" to bring 5G to the UK and other European countries.
The silence of Chinese regulators has become deadly for the deal.
The Electronics Resurgence Initiative (ERI) hopes to find a way to leave silicon in the past.
Relations between the US and China may be worsening by the day but that has not blocked business opportunities in Europe.