Qualcomm's export license for Huawei covers 4G chips, not 5G - KeyBanc

• Citing industry checks, KeyBanc analyst John Vinh says Qualcomm (QCOM -1.0%) has received an export license from the U.S. to ship 4G chips to Huawei, not the 5G chips suggested in media reports.
• Vinh's sources seemed skeptical that any suppliers would be able to receive a license to supply 5G chips to the banned company.
• Qualcomm's 4G win is still a slight positive that won't provide near-term upside but could become "modestly incremental" next year, says Vinh.
• QCOM is one of Vinh's recommended stocks to gain exposure to Apple's supply chain.
• Previously: DISH and Qualcomm to collaborate on the development of O-RAN compliant 5G network (Nov. 11 2020)