The chipmaker says Apple shared unprecedented access to its code in order to help out rival Intel Corp.
Semiconductor stocks have been on a tear over the past couple of months, but many are trading at overbought levels.
Qualcomm reports earnings on Wednesday after failing at its 200-day simple moving average on Monday.
Apple reportedly loses patience with Qualcomm and designs new models with Intel’s modem chips.
Chipmakers could fuel a new wave of revenue growth using AI.
Shares of big chipmakers Intel, Broadcom and Qualcomm may rise dramatically higher. Here's why.
Intel shares have moved significantly higher, but the stock is quickly approaching overbought territory.
Apple is reportedly gearing up to make its own chips, which could be a major blow to Intel.
Analysts voice concerns that an ongoing legal battle with Team Apple could end up costing Qualcomm.
Short sellers load up on semiconductor stocks, but losses grow.