https://www.cnbc.com/2018/07/25/qualcomm-earnings-q3-2018.html

Qualcomm shares jumped in extended trading on Wednesday after the chipmaker reported better-than-expected quarterly results and said it plans to repurchase as much as $30 billion in stock.

The buyback move -- an upward revision from the $10 billion repurchase program announced in May -- came as a result of Qualcomm saying it would terminate its plan to purchase NXP by the end of the day, when a self-imposed deadline expires. Qualcomm will pay NXP $2 billion if the event is canceled.