Shares of Qualcomm Inc. soared to record levels in the extended session on Wednesday after the chip company projected a huge jump in profit and revenue in the current quarter thanks to a deal with Chinese tech giant Huawei Technologies Co. Qualcomm QCOM, + 1.72% Shares rose as much as …
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Steven Mollenkopf, CEO of Qualcomm Mike Blake | Reuters Qualcomm soared more than 13% after hours on Wednesday when the company reported third-quarter tax earnings that exceeded expectations and announced a long-term patent deal with Huawei, solving a major unanswered legal question for the company. Here’s how he did it …
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A pedestrian walks past the Intel Corp. signage at the entrance to the company’s headquarters in Santa Clara, California. David Paul Morris | Bloomberg | fake pictures Intel said Monday that Venkata “Murthy” Renduchintala, director of engineering for the chipmaker and chairman of the technology, systems architecture and customer group …
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Masayoshi Son, President and CEO of SoftBank Group Corp., gestures while speaking during a press conference in London on Monday July 18, 2016. Chris Ratcliffe | Bloomberg | fake pictures SoftBank hired Goldman Sachs to explore both an initial public offering and a sale of British chip designer Arm Holdings, …
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People walk through the New York Stock Exchange (NYSE) building during the Covid-19 pandemic in New York on May 26, 2020. Tayfun Coskun | Anadolu Agency | fake pictures (This story is for CNBC Pro Subscribers only.) The coronavirus pandemic, which appears to be experiencing a resurgence, is causing more …
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