QCOM Stock Recent News

Qualcomm's new Snapdragon Ride Pilot with BMW boosts its automotive push as ADAS demand and revenues accelerate.

Qualcomm launches a new autonomous driving product that's going into BMW's new iX3 SUVs. Qualcomm CEO Cristiano Amon discusses the Snapdragon Ride Pilot and company's growth in the mobility space with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.

I remain bullish on Qualcomm, viewing it as a solid Buy with reasonable upside over the next 1-2 years despite recent underperformance. Qualcomm's diversification into automotive, IoT, and AI infrastructure is accelerating, with non-handset segments driving record growth and promising future revenue streams. The upcoming Snapdragon Summit and Alphawave acquisition are key catalysts that could shift market sentiment and highlight Qualcomm's innovation leadership.

SAN DIEGO--(BUSINESS WIRE)--Qualcomm Incorporated (NASDAQ: QCOM) today announced the appointment of Jeremy (Zico) Kolter to its Board of Directors, effective immediately. Dr. Kolter will serve on the Governance Committee. “We are pleased to welcome Zico to Qualcomm's Board of Directors,” said Mark McLaughlin, Chair of the Board. “His extensive work in artificial intelligence — from developing the first methods for robust deep learning to advancing safety assessments for large language models —.

Qualcomm (QCOM) reported earnings 30 days ago. What's next for the stock?

Shares of tech giant Qualcomm Inc. NASDAQ: QCOM closed just under $160 on Tuesday, continuing a rebound that has added more than 10% since the first week of August. That rally came after a sharp selloff on earnings, which briefly dragged shares below the lows seen through much of June and July.

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Shares of Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM), AKA TSMC, hit an all-time high of $248.28 last month but have pulled back 6.2% since amid uncertainty surrounding U.S.

In a market where capital discipline and shareholder returns are increasingly prized, companies with robust free cash flows and aggressive share repurchase plans stand out. Buybacks not only reduce share count – boosting earnings a share – but also signal management's confidence in long-term value creation.

There's little argument that chipmaker Nvidia (NVDA 1.65%) has been the biggest beneficiary of the advent of artificial intelligence (AI). Its processors are the centerpiece of most of the world's AI computing platforms, and artificial intelligence-related products now account for the vast majority of Nvidia's sales.