Qualcomm reported fiscal first-quarter results on Wednesday that topped estimates. The company also issued an uplifting forecast for the current period.
Qualcomm on Wednesday forecast sales and profits above analyst expectations as artificial intelligence features helped drive sales of the smartphones, laptops and other devices powered by its chips.
It's been a rough start to the week for most stocks. But for higher-growth companies in sectors such as semiconductors, investors in companies like Qualcomm (NASDAQ:QCOM) have seen more volatility than others as investors continue to battle a range of macro headwinds.
CNBC's Kristina Partsinevelos joins 'Squawk on the Street' to discuss AMD's earnings, what to expect with Qualcomm's Q1 report, and more.
Qualcomm Inc QCOM will release its first quarter fiscal 2025 financial results, after the closing bell, on Wednesday.
Chinese artificial intelligence (AI) start-up DeepSeek sent shares of major technology companies into a tailspin after it revealed a highly cost-effective AI model that was trained using limited resources but is competent enough to match the performance of more powerful and expensive models from the likes of OpenAI.
With solid fundamentals and healthy revenue-generating potential driven by robust demand trends, QCOM appears to be a healthy investment bet.
Besides Wall Street's top -and-bottom-line estimates for Qualcomm (QCOM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.
Qualcomm (QCOM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Amid the race to compete in artificial intelligence (AI), investors interested in this sector have tended to ignore Qualcomm (QCOM 0.22%). Part of the reason for this is that the longtime leader in smartphone chipsets is at a bit of a crossroads regarding its future as it seeks to diversify its product offerings away from smartphones.
The latest trading day saw Qualcomm (QCOM) settling at $171.40, representing a +0.13% change from its previous close.
Qualcomm (QCOM -1.29%) is innovating effectively in a rapidly evolving tech environment.