Overview

• China’s State Administration for Market Regulation said it is probing whether Qualcomm failed to lawfully declare details of its June 2025 purchase of Israeli V2X chipmaker Autotalks.
• Qualcomm shares fell between about 3% and 5% after the announcement, signaling investor concern over regulatory risk in a key market.
• Reuters reporting cited by Benzinga says SAMR told Qualcomm in March 2024 that approval was required and that the company closed the deal without notifying the regulator; Qualcomm says it is cooperating.
• The Autotalks transaction had drawn reviews from the U.S. FTC and the UK’s CMA, and Qualcomm briefly abandoned the deal in early 2024 before completing it more than two years after first announcing it.
• The probe follows Chinese action against Nvidia’s Mellanox acquisition and new rare‑earth export controls, developments widely framed as leverage ahead of late‑October trade talks.