Qualcomm's stock rose 15% in the past month, recovering from a post-earnings drop despite mixed Q3 results that showed declining handset revenue but strong growth in automotive and IoT segments. CEO Cristiano Amon highlighted a bullish outlook on data center revenue, expected to grow to $15 billion by fiscal 2029, and non-handset revenue growth accelerating sharply. However, challenges remain with shrinking handset business and margin pressures from rising costs and early data center investments. Investors should watch the upcoming Q4 report for signs of execution on the data center ramp and margin recovery before making new commitments.
A Delaware jury ruled that Arm breached its chip architecture license agreement with Qualcomm, causing Arm's stock to fall 5%. AMD shares also dropped 5%, while Taiwan Semiconductor's shares declined 2%. The verdict threatens Arm's core business mode...
Arm Holdings has gained over 120% this year by expanding from smartphone chip designs into AI data center silicon, attracting strong Wall Street interest. Despite a recent 19.6% drop in a week and a valuation at 302 times trailing earnings, the compa...
Intel and Qualcomm both rebranded around AI in their recent earnings, but investor reactions diverged. Intel reported strong revenue growth driven by AI-related Xeon server CPUs and data center demand, with supply constraints noted. Qualcomm, meanwhi...
Qualcomm is shifting focus from smartphone chips to AI and data center technology, with handset revenue down 20% but automotive and non-handset segments growing strongly. The company raised its non-handset revenue target to $40 billion by 2029, drive...
Inseego Corp. is participating in carrier evaluations of Licensed Band Radio (LBR) technology, building on its FastMile mmWave portfolio acquired from Nokia. LBR combines licensed mmWave spectrum with high-capacity wireless connectivity to offer fibe...
