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Podcast: Qualcomm Jumps 12% Jump After its Fight With Apple Ends

The rally came after the chipmaker settled a long-running legal fight with (AAPL) which buys Qualcomm’s chips for its smartphone. The legal dispute centered on the way Qualcomm was charging Apple and other clients for the use of its technology. Apple has agreed to license Qualcomm’s technology for six years and pay royalties.