Email: Qualcomm to end DEI program; An Internal email from CEO Cristiano Amon was sent out to employees last week.

In a companywide email obtained by ABC 10News, Qualcomm announced it was ending its DEI program. Reporter Michael Chen explains that the decision comes in response to pressure from the White House.

Qualcomm Inc. (NASDAQ: QCOM) closed just under $140 last Friday, continuing its modest rally after the post-earnings dip.