It would have been enough if Qualcomm Inc.’s (NASDAQ:QCOM) acquisition news was the only story on the telecom titan last week.

Broadcom Ltd (NASDAQ:AVGO) offered around $130 billion (including debt) for QCOM last week. That is certainly a staggering sum, but given recent news of Qualcomm’s battles with governments in Taiwan, China, South Korea, the U.S. and the EU, as well as key client Apple Inc. (NASDAQ:AAPL), it has been a tough few years, to be sure.

For example, while QCOM stock is still slightly underwater in the past 12 months, it’s up almost 50% since its nadir in early 2016.

But there are still some significant headwinds since some of the big cases against it are just getting to the courts. Specifically, Taiwan is looking for some relief against QCOM, like its Asian neighbors have received. And the AAPL brouhaha has also signaled that Qualcomm is fair game for other suppliers and customers.

It certainly stands to reason that in the midst of this swirl an enterprising company like AVGO would throw out a very tempting offer to see if it could convince enough shareholders that a big profit and clean start would be preferable to sitting and waiting for QCOM to sort it troubles out.

Then, we get the news that President Trump has helped QCOM ink a $12 billion deal in China on his Asia trip. Technically, it’s a non-binding memorandum of understanding (MOU) that QCOM will sell chip sets to Chinese mobile phone makers Xiomi, OPPO and Vivo over the next 3 years.

This was part of a larger Chinese effort to show the U.S. president that China appreciated its business relationship with China. Over $250 billion in proposed deals were agreed to in the meetings.

Now, whether this is simply a diplomatic gesture that makes both the Chinese and American leaders look good, is another thing entirely.

But the point is, in early 2015, China fined QCOM nearly $1 billion for its “monopolistic” practices in the mobile phone component market.

Slightly more than 2 years later, it’s allowing Chinese firms to plunk down big money with the same firm. Also, Qualcomm’s recent earnings show that China is one of its best markets moving forward.

The point is, QCOM is still a force both on the patent side and the product side. And now that regulators and companies realize how much of the mobile market it dominates – and will continue to dominate – they want to cut new deals.

This actually is proof of Qualcomm’s strength, rather than its weakness. And if its acquisition of Netherlands-based NXP Semiconductors NV (NASDAQ: NXPI) goes through, it will further secure a key long-term position in mobile’s future.

And remember, this move by AVGO was unsought.

So, you can buy QCOM stock at a very good price, with a solid 3.5% dividend and watch it grow, or you buy Qualcomm and score a big premium on an acquisition by AVGO. How can you lose?

Louis Navellier is a renowned growth investor. He is the editor of five investing newsletters: Blue Chip Growth, Emerging Growth, Ultimate Growth, Family Trust and Platinum Growth. His most popular service, Blue Chip Growth, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters.