The latest trading day saw Qualcomm (QCOM) settling at $159.08, representing a -0.9% change from its previous close.
Qualcomm faced legal challenges in 2024 that were recently resolved with a jury voting in favor of Qualcomm. Despite the risk of losing Apple's modem business, Qualcomm's increasingly diversified revenue base and strong AI tailwinds deserve a higher valuation. Qualcomm trades at a forward earnings multiple of 14x, offering great value with a growing dividend and share buyback program.
Qualcomm (QCOM) made a series of announcements at CES, including the debut of a new Snapdragon X chip for more affordable laptops and desktops. CEO Cristiano Amon says tells Yahoo Finance Tech Editor Dan Howley it's all about becoming the "new Qualcomm.
Why Qualcomm's Future Isn't Just Phones
QCOM is currently focusing on a deeper foray into the realm of AI capabilities within the laptop and desktop business.
Tata Elxsi is aiming to utilize Qualcomm's snapdragon automotive platforms to drive the adoption of software-defined vehicle technology.
Qualcomm is making a move for the mid-range PC market with a new system-on-chip.
Qualcomm (QCOM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Qualcomm (QCOM) concluded the recent trading session at $153.62, signifying no movement from its prior day's close.
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In the most recent trading session, Qualcomm (QCOM) closed at $158.52, indicating a -0.53% shift from the previous trading day.
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