Nordea Investment Management AB sold 1.39 million shares of Qualcomm, reducing its stake by 58.7% to 978,674 shares worth $168 million. This move comes as Qualcomm announced a $20 billion stock repurchase plan and a 3.4% dividend increase, signaling confidence despite mixed analyst opinions and some downgrades. Qualcomm reported better-than-expected quarterly earnings and raised its guidance, but concerns remain over handset demand and AI exposure. The stock trades around $130 with a 2.7% dividend yield, attracting both cautious and optimistic investors.
Qualcomm has been upgraded to a buy rating due to its strategic shift towards data centers and a growing automotive segment, which are expected to drive future revenue growth. The company aims to double its non-handset revenue to $40 billion by fisca...
A simple tap on a smartphone triggers a complex AI-driven process that spans from touch sensors to cloud computing, cybersecurity, automated warehouses, and last-mile delivery technologies. Key companies like Nvidia, Qualcomm, and Ambarella provide t...
The global industrial semiconductor market, valued at $98.35 billion in 2025, is projected to grow to $329.73 billion by 2035, with a CAGR of 12.86%. Growth is fueled by increasing adoption of AI-powered industrial automation, electric vehicles, smar...
