Qualcomm shares surged after earnings but now trade at a premium with handset revenue declining and Q3 guidance showing sequential revenue drops. The company is expanding beyond handsets into automotive and data centers, with a major hyperscaler deal expected in late 2026. Despite strong growth in automotive and IoT, handset weakness and cautious Chinese OEMs pressure near-term results. Investors are advised to wait for a pullback toward $185 for a better entry, watching upcoming Q3 results and hyperscaler updates for clearer risk-reward signals.
Shares of Qualcomm and Marvell fell sharply after news that ByteDance is advancing a custom AI chip deal involving Qualcomm, highlighting shifts in the custom silicon market. Despite the strategic potential for Qualcomm to expand into data center AI ...
Semiconductor stocks led a market rebound with Micron and Qualcomm surging after a sharp drop last week, driven by strong AI memory demand and positive industry news like NVIDIA's partnership with SK Hynix. Nasdaq 100 futures climbed 0.8%, supported ...
Broadcom reported a record quarter with revenue up 47.9% driven by custom AI chips for cloud giants, expecting AI revenue to exceed $16 billion next quarter. Qualcomm posted a slight revenue decline due to weaker handset sales but saw strong growth i...
A curated list of 50 high-quality dividend growth stocks has been tracked since September 1, 2024, focusing on valuation and future return potential. Year-to-date, this group underperformed broad indexes but included standout performers like LRCX and...
Innodisk showcased its expanded AI edge computing platform at Computex 2026, featuring four generations of Qualcomm Dragonwing processors delivering scalable performance from 20 to 700 TOPS. This platform targets industrial edge AI applications like ...
