In the latest trading session, Qualcomm (QCOM) closed at $165.27, marking a +1.54% move from the previous day.
Beyond analysts' top -and-bottom-line estimates for Qualcomm (QCOM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
The company found an opening in the PC industry and is making a big move to capture market share.
These two partners have less than two months to agree.
Zacks.com users have recently been watching Qualcomm (QCOM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Qualcomm (QCOM) closed the most recent trading day at $168.10, moving +0.9% from the previous trading session.
Arm Holdings' decision to cancel the license agreement can significantly impact QCOM's business operations.
Qualcomm's stock got hit due to a license dispute with Arm Holdings. The dispute centers on Qualcomm's acquisition of Nuvia and differing royalty rates, with Qualcomm potentially facing higher fees under a new agreement. The financial impact is likely limited; Qualcomm can absorb higher royalty rates and pass costs to customers, maintaining strong earnings and margins.
In a move that could profoundly affect an already beleaguered global supply chain, Arm has reportedly issued Qualcomm a 60-day notice of cancelation for chip design licensing. The move, reported by Bloomberg, would have an impact on a majority of smartphone manufacturers who rely on Qualcomm chips.
Qualcomm (QCOM) shares are falling in premarket trading Wednesday following a report that Arm Holdings (ARM) is canceling a license that allows the British chip designer's intellectual property in the U.S. company's chips.
Arm Holdings has given Qualcomm a 60-day notice of cancellation of the license agreement which allows the company to use Arm's intellectual property, according to a report.
So far, Qualcomm (NASDAQ: QCOM) has been experiencing significant stock market success in 2024, albeit not without facing some headwinds along the way.