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Qualcomm antitrust ruling drags down stocks on Wall Street

The semiconductor maker is accused of excessive licensing charges.

Nevil Gibson
Thu, 23 May 2019

Stocks on Wall Street fell, dragged down by semiconductor makers after a US federal judge ruled that Qualcomm illegally suppressed competition for cellphone chips.

The decision could shake up the broader smartphone industry, which is also at the centre of the US-China trade war.

The ruling by

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Nevil Gibson
Thu, 23 May 2019
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Qualcomm antitrust ruling drags down stocks on Wall Street
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