Qualcomm stock streaks past $100 as Huawei settlement clears last barrier to 5G licensing
July 30, 2020 at 13:44 PM EDT
Qualcomm Inc.’s stock price soars past its former high of $100 set two decades ago Thursday after the chip maker reveals it settled a licensing dispute with the world’s largest smartphone maker, clearing the way as the new 5G standard rolls out.