|Day Low/High||65.97 / 69.15|
|52 Wk Low/High||49.10 / 90.34|
The allegations are part of an ongoing series of lawsuits Qualcomm is embroiled in globally against Apple.
The company's shares declined by nearly 3% on Friday.
Buybacks are all the rage this semiconductor season.
Shares are down nearly 4% in Friday afternoon trading.
'We expect Micron shares to remain volatile,' one analyst writes.
The $5 billion buyback and solid balance sheet could signal this is actually an investible growth stock.
For most of this year the market has been led by growth stocks.
Washington is no longer held captive by U.S. companies that want to feast off of China.
While T-Mobile scored a double victory with the new iPhones, it is not the only winner.
Qualcomm's strong performance on Thursday placed its shares at their highest level in nearly four years.
Stocks in New York ended the day solidly in the plus column on hope for trade talks with China and slowing inflation data.
New Tariffs could temper Qualcomm's expectations
The company expects the issue to be fixed by Friday.
Qualcomm is progressing with its staggering $30 billion buyback.
The stock has very strong momentum, but how much more can it run?
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer analyzes Thursday's trending stocks from the floor of the New York Stock Exchange.
5G is not merely an upgrade from 4G/LTE technology. It is orders of magnitude better. China is likely to win the race to widespread installation. Consider buying Qualcomm to play this trend.
QCOM has broken out of a major long-term chart pattern.
5G bodes very well for Qualcomm's bull case and some old friends might help take advantage of the opportunity, analysts say.
Analysts are keying in on the important first step.
Chip stocks still have a growth outlook long-term
Stay diversified and stay the course, there's nothing here that's going to change things longer term.
The $7.2 billion Renesas deal for IDT could be followed by similar moves from U.S. chipmakers, should trade tensions thaw.
Here's what you need to know now for Tuesday, Sept. 11.
The 20% decline in the Shanghai index could portend that the Chinese may be on the verge of giving in.
Three new iPhones are expected this year, along with modem, memory, camera and battery life improvements.
Among the disclosures: Nvidia is open to upping its capital returns, and one big smartphone maker plans to wait until 2020 to launch a 5G phone.
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