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Qualcomm
will provide Apple with 5G chips for its iPhone launches throughout the following three years, the corporate stated Monday, a transfer that has buoyed the chip maker’s shares following declines in current days.
Qualcomm (ticker: QCOM) stated it had entered into an settlement with
Apple
(AAPL) to produce Snapdragon 5G methods for smartphone launches in 2024, 2025, and 2026, which the corporate stated bolstered its observe report of 5G management.