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المشهد العربي
Qualcomm stock climbs on Apple licensing deal
Qualcomm's stock rose by 4.85% to reach $203.42 after the company announced the renewal of its global patent licensing agreement with Apple, which will take effect starting April 2027. The agreement ensures that Apple will continue to use Qualcomm's chips and technologies in iPhones, although the contract duration and financial terms have not been disclosed. The stock has gained nearly 15% on a weekly basis, reflecting the significance of the partnership between the two companies in the technology and smartphone markets.
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