TDK aims to boost its presence in IOT, automotives and ICT through the acquisition.
Eyes on whether the chip maker can maintain growth as more rivals expand through M&As.
Donald Trump's pro-military stance bodes well for Microsemi.
The number of chipmakers with significant exposure to the coveted automotive sector is small, so Microchip could appeal to the likes of Intel, Stifel suggests.
If approved, Qualcomm's acquisition would become the largest M&A deal in semiconductor history, surpassing the $36 billion that Avago paid for Broadcom in 2015.