QCOM Stock Recent News

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Qualcomm's FY Q2'24 results showed strength, both on the top and bottom line, as the company's handset and automotive business continues to do well. FY Q3'24 is somewhat expected to be the trough quarter, and there should be a positive set up going forward, with multiple tailwinds driving growth. Revenues from Chinese OEMs grew 40% in FY H1'24, with the trend expected to continue.

Qualcomm's Snapdragon AI chips have experienced massive growth in China. The company may upend the PC market with its AI PC chip.

Recently, Zacks.com users have been paying close attention to Qualcomm (QCOM). This makes it worthwhile to examine what the stock has in store.

A two-year legal battle pitting two tech titans threatens to disrupt an emerging wave of new personal computers powered by artificial intelligence, tech industry executives and experts say.

Qualcomm's advancements in on-device AI chip functionality could be a game changer, poised to capitalize on the growing demand for AI-capable devices. The company's deep integration into the supply chains of major smartphone manufacturers and recent financial performance demonstrate a surge in demand for their AI chips. Despite concerns about the U.S. chip ban impacting Qualcomm's business in China, the company's diversified market and strong position in AI technology still make it a compelling investment.

Shares of semiconductor company Qualcomm, Inc. (QCOM), have had a rebirth thanks to AI. While the company made its name as a smartphone and mobile communications leader, its products are now helping fuel AI's growth.

Inevitably, the adoption of generative AI and LLM (Large Language Model) has fueled more intelligence and efficiency in our lives and works than in the past decade. Moving forward, the demand for running AI and LLM at the edge devices is growing as it provides lower latency, higher privacy, and more flexibility, which is set to redefine the level of intelligence of smart devices as well as broaden the landscape of mobile scenarios.

Qualcomm (QCOM) shares are up more than 40% this year. George Tsilis discusses what's driving Qualcomm's outperformance.

Mobile chipset major Qualcomm (NASDAQ: QCOM) has seen its stock rise by a solid 41% year-to-date. There have been several factors driving the recent gains for the company, including signs of a recovery in the smartphone market and optimism that the generative AI trend will help smartphone sales.