Qualcomm

Qualcomm (QCOM), the company behind the Snapdragon chips in flagship Android phones and in a growing share of cars. It earns twice on the same technology: once selling chips, and again as royalties, collected by a licensing arm from handset makers that use its cellular patents. Founded in San Diego in 1985, it pushed CDMA into the mobile standards that became 3G. QCOM here is a Robinhood Stock Token from Robinhood Assets (Jersey) Limited, backed by Qualcomm shares held at Alpaca Securities; dividends are reinvested into more shares and show up as a rising multiplier on the token balance.