Qualcomm’s Future, and the Jacobs Family Legacy, Goes to a Vote

Qualcomm Inc. Chairman Paul Jacobs strode to the stage at the annual meeting a year ago after a marketing video boasted that the chip maker’s innovations enable the inventive insurgents who are creating a new generation of connected devices.

“While that video was about insurrection, we’re looking for no insurrection today,” Mr. Jacobs joked to the assembled shareholders.

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