Qualcomm and Apple have renewed their patent license deal for 2027, even as Apple keeps pushing its own in-house modem chips forward.

Chip stocks fell along with the broader market on Thursday as the U.S. and China held trade talks in Washington, D.C.

Qualcomm (QCOM) stock gained after extending its Apple patent deal to 2027. The chipmaker now targets $15B in data center revenue by fiscal 2029.

Qualcomm announced today that it is continuing its licensing agreement with Apple, as the previous agreement has ended. In a brief press statement, John Han, Executive Vice President and General ...

Qualcomm (QCOM) stock rose after renewing its Apple patent deal through 2027, as the chipmaker expands into data centers and ...