) ... Shares of semiconductor designer Qualcomm (QCOM) trade around $183.98, a full 19% off their recent high and about 26% below their two-year peak ... That compares to a 4.1% median for the S&P 500 ... The question for investors is straightforward ... (noodl.
). This chip designer is on a powerful run fueled by real business quality, but its legacy market is hitting a rough patch ...Qualcomm (QCOM) designs the chips and software that power many of the world's smartphones and connected cars ... handsets ... (noodl.
What Happened? ...QCOM) fell 4.5% in the afternoon session after Elon Musk denied reports that SpaceX was developing an AI device using the company's Snapdragon chip, and after its removal from several Russell indexes ... More News ... Tickers BAC QCOM SNDK ... .
What Happened? ...QCOM) jumped 4.3% in the morning session after the company announced an aggressive expansion into the AI data center market with ambitious long-term revenue targets during its 2026 Investor Day ... Compounding it ... ALSO WORTH WATCHING ... .
QCOM) fell 4.7% in the afternoon session after a leverage-driven rout in South Korean chipmakers, renewed doubts about debt-funded AI capital spending, and a hawkish repricing of Fed rate expectations ...
Over the past six months, Qualcomm has been a great trade, beating the S&P 500 by 20.4% ... Why Is Qualcomm Not Exciting? ... Here are two reasons why QCOM doesn’t excite us, plus one stock we’d rather own. 1 ... 2 ... Final Judgment ... Tickers JPMNVDA QCOM ... .
What Happened? ...QCOM) jumped 3.4% in the afternoon session after President Trump announced Apple had agreed to design and manufacture chips with Intel in the United States, a foundry validation the market had been waiting on for over a year ... More News.
What Happened? ...QCOM) jumped 4.8% in the afternoon session after macro rate relief from the Iran peace deal, a Wells Fargo price target increase, and positive positioning ahead of a June 24 Investor Day drove renewed market interest ...High-speed cables.