US Stock Market Movement | Qualcomm (QCOM.US) surges over 4% in pre-market trading after reaching a multi-year patent licensing agreement with Huawei
智通财经2026/10/05 08:46According to information from Zhitong Finance APP, Huawei and Qualcomm (QCOM.US) announced on Monday that they have reached a multi-year, comprehensive patent licensing agreement. The agreement includes cross-licensing of the two parties' patent portfolios in several fields such as 5G, computing, artificial intelligence, and networking, as well as Qualcomm acquiring a portion of Huawei's US patents. The transaction will be completed upon obtaining the necessary regulatory approvals. As of press time, Qualcomm's pre-market shares have risen by more than 4%.
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