Qualcomm, Inc. is a leading technology company that specializes in designing and manufacturing semiconductors and telecommunications equipment. Known for its innovations in mobile broadband technology, Qualcomm develops advancements in wireless communication, particularly in the realms of 5G connectivity and mobile processors. The company plays a crucial role in enabling smartphones, tablets, and various connected devices with its chipsets and software solutions. Additionally, Qualcomm is involved in research and development to expand the capabilities of the Internet of Things (IoT) and automotive technology, driving the future of connectivity across different industries. Read More
Shares of semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT)
fell 11.7% in the morning session after the company issued disappointing financial guidance for the upcoming third quarter, which overshadowed its better-than-expected second-quarter results. The semiconductor equipment supplier reported second-quarter revenue of $7.30 billion and adjusted earnings per share (EPS) of $2.48, beating analysts' estimates.
Intel shares surged after-hours following reports of a potential Trump administration investment to revive its Ohio chip factory, as analysts weigh both the strategic boost and risks amid executive challenges and competitive pressures.
In a dynamic day for the financial markets, a select group of companies defied broader trends, experiencing significant surges in their stock prices and emerging as today's top gainers. NXP Semiconductors (NASDAQ: NXPI), Brinker International (NYSE: EAT), Gildan Activewear (NYSE: GIL), Sea Limited (NYSE: SE), On Holding AG (NYSE: ONON)
Qualcomm’s second quarter performance aligned with Wall Street’s revenue expectations but was met with a notable negative market reaction. Management attributed growth to strong execution in its automotive and Internet of Things segments, with each posting over 20% year-on-year gains. The handset business benefited from premium-tier launches and expanded collaborations, though management acknowledged a slightly weaker product mix compared to expectations. CEO Cristiano Amon emphasized the momentum in AI-powered devices, citing increased adoption of Snapdragon platforms in both smartphones and PCs. Despite these operational achievements, investor concerns were evident in the market’s response, reflecting a cautious outlook amid shifting end-market dynamics.
Wireless chipmaker Qualcomm (NASDAQ:QCOM) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 10.3% year on year to $10.37 billion. The company expects next quarter’s revenue to be around $10.7 billion, coming in 0.8% above analysts’ estimates. Its non-GAAP profit of $2.77 per share was 2.1% above analysts’ consensus estimates.
The White House has announced a 90-day extension of its trade truce with China, a move that has temporarily defused escalating tensions and delayed the imposition of hefty tariffs. This widely anticipated decision has been met with a sigh of relief across global financial markets, easing widespread concerns about a
A number of stocks jumped in the afternoon session after the semiconductor sector rallied in intraday trading as a favorable inflation report bolstered investor hopes for a potential Federal Reserve interest rate cut. The latest Consumer Price Index (CPI) data showed a slowdown in inflation, fueling a broad market rally that pushed the S&P 500 and Nasdaq to new all-time highs. For the capital-intensive semiconductor industry, the prospect of lower interest rates is particularly welcome, as it can reduce borrowing costs for expansion and research and development. The positive macroeconomic sentiment provided a significant tailwind for the entire sector, as investors anticipate that a more accommodative monetary policy from the central bank will stimulate economic growth and demand for technology.
President Donald Trump's recent executive order, extending the 90-day pause on higher tariffs on Chinese imports, has sent a wave of relief across global financial markets. This crucial decision, pushing the tariff deadline to mid-November, is being widely interpreted as a significant de-escalation of trade war concerns, contributing positively to
The U.S. stock market is experiencing a significant surge, with major indices like the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite nearing or reaching all-time highs. This robust rally is primarily fueled by a potent combination of better-than-expected inflation data, which has rekindled optimism for potential
Peter Lynch’s strategy highlights QUALCOMM (QCOM) as a strong growth-at-a-fair-price stock with low PEG, high ROE, and solid financials—ideal for long-term investors.
Semiconductors are the picks and shovels of modern technology. Compute-intensive AI workloads are also priming them for the next wave of secular growth,
a trend that has supported the industry over the past six months as its 6.3% return has closely followed the S&P 500.
Stocks were higher for the week as investors overlooked tariff uncertainty, but the bulls may get tested by next week's data on inflation and retail sales
Warren Buffett's $66 billion stake in Apple just got a boost from their $100 billion U.S. investment. He's laughing at hedge funds and winning geopolitics.
