Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Qualcomm's growth beyond smartphones boosts value with new data center and automotive gains.

Market News
18 Jun 2026
24/7 Wall Street
View Source
Bullish
pluang ai news

Qualcomm is increasingly valued for its expanding business beyond smartphones, including automotive, IoT, and data center segments. Automotive revenue hit a record $1.33 billion in Q2 FY26, growing 38% year-over-year, while IoT also showed solid growth. The company beat earnings estimates for four straight quarters and maintains strong cash flow and profitability metrics. Management supports shareholders with dividends and a $20 billion buyback program. Risks include exposure to China and handset revenue declines, but diversification and new data center initiatives provide growth potential, with a key investor event scheduled for June 2026.

More News (QCOM)

Visteon launches D6Sigma AI product line for real-time factory automation with Qualcomm tech.

Visteon launches D6Sigma AI product line for real-time factory automation with Qualcomm tech.

Visteon Corporation introduced D6Sigma, a new edge AI product line designed for industrial automation, developed with Qualcomm. Powered by Visteon's CognitoAI™-IoT platform and Qualcomm Dragonwing™ IQ9 processors, it enables real-time vision AI on fa...

Others
Bullish
2 days ago
Applied Materials launches SENZ™, an integrated visual system for faster smart glasses development.

Applied Materials launches SENZ™, an integrated visual system for faster smart glasses development.

Applied Materials introduced SENZ™, a fully integrated visual system combining waveguide optics, light engine, sensing, vision correction, and electronic dimming for next-gen AI-powered smart glasses. This platform aims to simplify manufacturing and ...

Market News
Bullish
3 days ago
Qualcomm raises quarterly dividend to $0.92, rewarding shareholders with steady income and stock gains.

Qualcomm raises quarterly dividend to $0.92, rewarding shareholders with steady income and stock gains.

Qualcomm will pay its second quarterly dividend of 2026 on June 25, offering $0.92 per share, a 3.37% increase from the previous payment. Investors holding shares as of June 4 are eligible, with the total dividends paid in the first half of the year ...

Company Fundamentals
Bullish
3 days ago
Qualcomm stock rises 68% amid AI chip plans and potential major acquisition.

Qualcomm stock rises 68% amid AI chip plans and potential major acquisition.

Qualcomm's stock has surged 68% in the past three months as investor excitement grows around its new artificial intelligence processor strategy. The chip maker is focusing on data-center technology and may be preparing for a significant acquisition t...

Market News
Bullish
4 days ago
Qualcomm develops 40+ AI device designs including wearables, predicting AI agents will replace apps and reshape smartphones.

Qualcomm develops 40+ AI device designs including wearables, predicting AI agents will replace apps and reshape smartphones.

Qualcomm CEO Cristiano Amon revealed the company is working on over 40 new AI device designs, including wearables like jewelry, earbuds with cameras, pins, and watches. He highlighted that AI agents, which can perform complex tasks across apps, will ...

Market News
Bullish
4 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App