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Silicon Valley stocks: VMWare plunges, Maxim soars on M&A reports

Shares of Palo Alto-based VMWare plunged 16.57 percent on Monday on a report that it may do a reverse merger with Dell Technologies. Meanwhile, Maxim Integrated Products (NASDAQ: MXIM) jumped 12.3 percent after a CNBC report said the Japanese chipmaker is in talks to buy the San Jose company in a deal that could be worth up to $20 billion.
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