https://www.cnbc.com/2018/06/07/qualcomm-shares-jump-after-us-strikes-deal-with-chinas-zte.html

Chip maker Qualcomm jumped as much as 5 percent Thursday after news of a deal between U.S. officials and Chinese telecom giant ZTE.

The leading U.S. chipmaker had for weeks been caught in the crosshairs of growing trade tensions. U.S. officials had banned American companies from selling components to ZTE, and Qualcomm is a major chip supplier for ZTE phones.