Qualcomm is expanding beyond its handset business, driven by strong growth in Automotive and IoT segments, which have exceeded revenue expectations. Despite short-term challenges in the handset market due to DRAM shortages and Apple's exit, management expects a recovery by Q3 2026 and continued long-term growth. The company is also capitalizing on trends like AI processing in PCs to boost future growth. While geopolitical risks and customer vertical integration pose threats, diversification across segments supports potential multiple expansion if growth targets are met.
Qualcomm has been upgraded to a Buy rating as its smartphone business in China shows signs of recovery and AI diversification begins to drive growth. The company has secured a significant custom silicon deal with a major hyperscaler, with shipments e...
Washington signals easing tariffs and export controls with China, raising hopes for companies heavily exposed to the Chinese market. Apple stands to benefit most due to its manufacturing and sales presence in China, with tariff relief directly improv...
Qualcomm's stock fell over 11% following a strong rally that saw its price surge about 70% in a month, driven by optimism around AI chip expansion and a major partnership. The recent selloff reflects profit-taking and concerns over challenges in its ...
The Nasdaq 100 rebounded with a 1.5% rally after a volatile session, avoiding its worst sell-off since March. Despite spikes in individual tech stocks and semiconductor volatility, the S&P 500's VIX index fell, presenting a cheaper hedging opportunit...
Qualcomm's shares surged nearly 70% recently as the company pivots from centralized cloud AI to edge AI, enabling AI processing directly on devices. This shift addresses cloud AI's limitations like latency and power use, with Qualcomm's Snapdragon an...
