Firethorn Wealth Partners LLC recently cut its stake in QUALCOMM Incorporated by 18.2% in the second quarter. In a 13F regulatory filing, the institutional investor disclosed that it sold 315 shares of the wireless technology company, leaving it with 1,416 shares in total.

With Qualcomm’s new automated driving system set to debut in the BMW iX3, the two industry leaders promise a leap forward in driverless technology. Qualcomm anticipates a “domino effect” as other potential customers take notice of this next-generation innovation.

Apple and Qualcomm have faced a significant legal setback as their attempt to relocate a patent infringement lawsuit from Texas to California was denied. The decision keeps the case in Texas, potentially affecting the companies’ legal strategies. This development underscores the ongoing legal challenges for the tech giants.