Qualcomm is trading at a low valuation of 12.9x forward GAAP earnings, below sector and historical averages, making it an attractive buy. While its handset segment faces a 20% revenue decline due to memory supply issues, the company’s pivot to automotive and IoT is accelerating, with these segments growing 61% and 9% year-over-year respectively. This growth supports Qualcomm’s goal of $40 billion in non-handset revenue by fiscal year 2029. Risks include customer concentration, Apple’s in-sourcing, China exposure, and supply chain concerns in Taiwan, but the current valuation offers downside protection and potential upside if recovery occurs.
US stock futures rose following strong earnings from Microsoft, which surged nearly 9% in pre-market trading after beating revenue and earnings forecasts. This helped technology stocks recover from a sharp sell-off triggered by the Federal Reserve's ...
In Q2 2026, Aristotle Capital's Global Equity WM Composite achieved a net return of 6.40%, falling short of the MSCI ACWI Index's 14.93% and MSCI World's 13.76%. The firm adjusted its portfolio by selling Danaher, Dolby Laboratories, and Tokyo Centur...
Qualcomm's fiscal Q3 earnings met analyst expectations with $2.21 EPS and $9.95 billion revenue, but the company issued cautious guidance for the current quarter due to ongoing supply shortages, especially in memory chips. CEO Cristiano Amon announce...
Qualcomm has finalized its acquisition of Modular Inc, a company specializing in AI-native software infrastructure. This acquisition enhances Qualcomm's AI platform by combining Modular's software, which optimizes generative and agentic AI workloads,...
South Korean chipmaker SK Hynix reported record earnings driven by AI demand but fell short of market expectations, causing its shares to drop nearly 10%. This contributed to a broader selloff in Asian chip stocks, with South Korea's KOSPI index fall...
