Jim Cramer: Qualcomm's FTC News Is Being Overshadowed

Qualcomm is being sued by the Federal Trade Commission for allegedly unfair practices in licensing its technology.
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Qualcomm (QCOM) - Get Report is being sued by the Federal Trade Commission for allegedly unfair practices in licensing its technology. Jim Cramer says you should be looking at ASML (ASML) - Get Report , a foundry company which says business is doing very well. That means business is also doing well for Intel (INTC) - Get Report , Taiwan Semi (TSM) - Get Report  and Samsung (SSNLF) . In addition, the readthrough is also strong for Qualcomm and Texas Instruments (TXN) - Get Report .