Qualcomm Technologies, Inc. (QCOM) recently announced that it has collaborated with Aramco to deploy generative AI-powered Internet of Things (IoT) solutions to accelerate digital transformation initiatives in Saudi Arabia. The leading-edge solutions are designed to improve efficiency, safety and sustainability in industrial operations.The solution suite includes a Rapid Response Solution that bolsters situational awareness and minimizes operational disruptions with the help of on-device AI and computer vis ...

Qualcomm (QCOM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this chipmaker have returned -3.8% over the past month versus the Zacks S&P 500 composite's +3.5% change. The Zacks Wireless Equipment industry, to which Qualcomm belongs, has gained 3.7% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or rumors a ...

Buoyed by a holistic growth model, Qualcomm Incorporated (QCOM) shares have gained 52% over the past year compared with the industry’s growth of 46.9%. It has outperformed Hewlett Packard Enterprise Company (HPE) but lagged Broadcom Inc. (AVGO) — a couple of other major players in the industry.Qualcomm is increasingly focusing on the seamless transition from a wireless communications firm for the mobile industry to a connected processor company for the intelligent edge. The company is well-positioned to mee ...

JHVEPhoto Qualcomm (NASDAQ:QCOM) continues to be in a correction mode after hitting a June peak of over $225. The stock is currently trading at over 20% below the recent peak despite beating revenue and earnings estimates in the recent earnings. However, the stock is quite cheap when we look at some of the key tailwinds in various business segments. The automotive business reported an 87% YoY growth and has seen good growth projections for the future as the auto industry tries to build “smarter cars”. T ...

QUALCOMM Incorporated (NASDAQ:QCOM) Deutsche Bank 2024 Technology Conference August 29, 2024 2:00 PM ET Company Participants Akash Palkhiwala - CFO & COO Conference Call Participants Ross Seymore - Deutsche Bank Ross Seymore All right everyone, let's get started with the next fireside chat. We're very pleased to have Akash Palkhiwala, the CFO and COO. I think from last year -- I don't know, when the COO happened? Akash Palkhiwala This January. Ross Seymore So since last year, we've added another C title ...

Eduard LysenkoQualcomm (NASDAQ:QCOM) was founded in 1985 by a bunch of super smart engineers led by Irwin Jacobs. They had a vision for a future where people connected and communicated through handheld devices; Qualcomm sits at the heart of the technologies of the phones we use today. The name is short for 'quality communications.' The company has pioneered the cutting-edge chip technology that allows phones to connect with towers over radio frequency (RF). Their technology has allowed 3G, and 4G and is ...

PISCATAWAY, N.J., Aug. 21, 2024 (GLOBE NEWSWIRE) -- The AR Alliance announces that Qualcomm Technologies, Inc. has become the last founding member added to the board of directors. The AR Alliance provides a supportive and neutral environment for organizations of all sizes to take an active role in advancing and strengthening the augmented reality hardware development ecosystem. Diverse organizations across the expanding, global AR ecosystem work together through the AR Alliance to speed innovation of breakt ...

The Zacks Wireless Equipment industry is likely to be plagued by large-scale investments for seamless 5G evolution, margin erosion due to escalated price wars, higher customer inventory levels and inflated raw material costs in a challenging macroeconomic environment, prolonged geopolitical conflicts and uncertain business conditions. However, fast-track 5G deployment and transition to cloud and fiber network infrastructure upgrades should help the industry in the long run. Despite short-term headwinds, Qua ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Qualcomm. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

It's much too early to write off this semiconductor stock.The recent sell-off in tech stocks did not leave Qualcomm (QCOM -0.67%) unscathed. Although the stock price has stopped falling significantly for now, it has fallen 30% since peaking in June as investors started to sell artificial intelligence (AI) stocks.Nonetheless, as a Qualcomm shareholder, my confidence in the company has not diminished, even though the semiconductor stock has pulled back. Instead, I plan to continue holding, and three key reaso ...