Apple, Microsoft, Cisco, Oracle, Alphabet and others have stashed cash overseas but most haven't deployed the cash in a meaningful way... yet.
Pressure will be on Qualcomm to smoothly digest the largest chip deal in history.
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.
Apple is expected to reveal new MacBook Pro and Air models, refreshing lineups that have gotten stale over the last year. The products might provide a holiday season sales boost.