Outside the Box: Qualcomm’s stock is poised to go from cold to hot

Qualcomm has been on quite the roller coaster over the past few months.

In the wake of President Trump’s extraordinary intervention in March to stop Broadcom AVGO, -0.12%from acquiring QualcommQCOM, +0.27% on national security grounds, the rumor mill about this maker of computer chips and wireless telecom equipment has been spinning at what feels like record speed. There’s been speculation about a takeover bid by former chairman Paul Jacobs and a series of opinion articles that seem to overplay the financial impact of Qualcomm’s legal battle with Apple AAPL, -0.21% over royalty payments.

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