The hiring is a sign that Google may be designing its own chips for its Pixel phones.
QQQ remained above its 50-day moving average for a 129th consecutive day, the second longest streak in its history.
Apple shares moved lower amid reports that the new iPhone may not feature a 1-gigabyte modem.
The new device has been code named the Ice phone during its development.
Baupost Group boosted its U.S. long portfolio by close to $1 billion in the first quarter of the year.
Asus, HP and Lenovo are all making new computers that will run on a version of Windows 10 that supports a Qualcomm chip rather than an Intel one.
Apple’s hiring of Esin Terzioglu adds to speculation that the company is keen to start making its own cellular modems.
AMD is making a new push to dominate the industry's emerging segment: virtual reality.
The billionaire's hedge fund exited Apple, bought into Snap, Salesforce, and Hewlett Packard Enterprise last quarter.
The stage is set for a long and fierce legal battle between the two firms with Qualcomm countersuing Apple.