Politico Reported Feds Probes Qualcomm Deal Covering Microchips For Autonomous Cars
Portfolio Pulse from Charles Gross
The Federal authorities are investigating a deal by Qualcomm (QCOM) involving microchips for autonomous cars. The deal is said to bring Qualcomm back into the spotlight after it faced scrutiny over its patent licensing practices.
August 22, 2023 | 9:07 pm
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Qualcomm's deal involving microchips for autonomous cars is under federal investigation. This could potentially affect the company's reputation and stock price.
The federal investigation into Qualcomm's deal could lead to legal complications for the company, which may negatively impact its stock price in the short term. The news is highly relevant as it directly involves Qualcomm and could be important for investors due to potential legal and financial implications.
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