The end of Qualcomm’s yearslong battle with Apple brings new hope for a host of technology stocks, market watchers say.
One of big tech’s biggest battles is now over, and it’s making Wall Street more bullish on the space.
On Tuesday, chipmaker Qualcomm and iPhone maker Apple settled a yearslong dispute over patent royalties, sending shares of Qualcomm on a more than 35% tear over the course of two days, a $26 billion boost to its market cap.
