https://www.cnbc.com/2019/04/17/qualcomm-soars-after-intel-backs-out-of-5g-apple-settles-legal-battle.html

Shares of Qualcomm spiked more than 10% in premarket trading Wednesday on the heels of two big wins. The rally is set to add another $9 billion to its market cap following a massive jump on Tuesday, which would bring it to about $94 billion.

On Tuesday, Qualcomm and Apple announced they had settled their royalty dispute just as trial proceedings had begun in San Diego. The deal, which included a payment from Apple and chipset supply agreement, sent the stock soaring 23% and added about $16 billion to its market cap.