Qualcomm’s Value Balloons by $25 Billion in Apple-Fueled Relief Rally

By CCN: A two-year legal battle between chipmaker Qualcomm and tech giant Apple was settled today, propelling Qualcomm’s stock higher by a double-digit percentage. Investors cheered a thawing in relations between the two tech giants. Market cap rose from approximately $70 billion on April 15 to currently hover at $95 billion. The end of various legal disputes between the companies was quickly followed by an announcement by another tech leader. Intel said it is abandoning plans to design ch