Qualcomm Shares Decline 1.34% Amid Huawei Patent Deal Expansion

Qualcomm (NASDAQ:QCOM) shares fell approximately 1.34% to $182.40 on Monday, October 5, despite securing a broad, multiyear patent cross-license agreement with Huawei covering 5G, computing, AI, and networking technologies. The deal is intended to expand Qualcomm's patent reach.