Alphabet discloses $548M stake in chipmaker Qualcomm

Alphabet, Google’s parent company, owned nearly 3 million shares in chipmaker Qualcomm at the end of September, a stake worth $547.9m, Reuters reported on Friday. The figures come from a regulatory filing that lists Alphabet’s holdings in other companies. Qualcomm’s shares rose more than 3% in trading before the US market opened, following the news. The […] This story continues at The Next Web