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QCOM - Qualcomm's Acquisition Of NUVIA Is A Huge Move
QUALCOMM Incorporated
The Qualcomm acquisition NUVIA is a huge move to scale up dramatically.
It can reinvigorate current lines in smartphone, Windows PC and automotive SoCs, and make them more competitive with the competition. They have been lagging.
It also brings NUVIA’s considerable talent.
The only downside is they also bought a lawsuit with Apple.
I will be establishing what I hope to be a long-term position in Qualcomm soon.