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Qualcomm Is Here To Stay
Seeking Alpha· 2024-08-22 05:04
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 ...
Qualcomm Joins the AR Alliance for Augmented Reality Wearable Devices
GlobeNewswire News Room· 2024-08-21 12:00
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 ...
3 Wireless Stocks Likely to Gain Despite Near-Term Headwinds
ZACKS· 2024-08-20 13:27
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 ...
Huge News for Qualcomm Stock Investors
The Motley Fool· 2024-08-19 14:30
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. ...
Should Investors Be Worried About the Qualcomm Sell-Off? 3 Reasons I'm Not Selling This AI Stock.
The Motley Fool· 2024-08-18 12:00
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 ...
Qualcomm: No-Brainer Buy Opportunity For This Discounted Semi Powerhouse
Seeking Alpha· 2024-08-17 14:00
z1bWe previously covered QUALCOMM (NASDAQ:QCOM) in June 2024, discussing its promising entry into the AI chips market, with Microsoft (MSFT) endorsing the ARM-based Snapdragon X Elite CPU chips as the "fastest, most AI-ready PC ever built." With the company in "a new phase of breakthrough," thanks to its well diversified offerings across handset, automotive, broadband, AR/ VR/ XR, and ARM-based AI CPUs, we had reiterated our Buy rating while raising our fair value estimates/ long-term price targets then ...
Why Is Everyone Talking About Qualcomm Stock?
The Motley Fool· 2024-08-17 08:49
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. ...
Qualcomm Stock Analysis: Should Long-Term Investors Buy This Semiconductor Stock?
The Motley Fool· 2024-08-15 10:03
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. ...
Qualcomm Will Benefit From Edge AI Strength In Smartphones And PCs, Analyst Says
Benzinga· 2024-08-14 18:26
QUALCOMM Incorporated QCOM shares are trading lower on Wednesday.KeyBanc Capital Markets analyst John Vinh maintained the Overweight rating and $225 price target due to its edge AI positioning in smartphones and PCs and expanding auto sector presence.The analyst had an investor call with QCOM management, who highlighted key points, including the expectation that Samsung Electronics Co., Ltd. SSNLF GS25’s market share will be 70-75% in the first quarter (December), with potential upside if final allocations ...
Is Qualcomm the Chip Stock You Need to Own Right Now?
Investor Place· 2024-08-14 13:05
A potential future trillion-dollar company, Qualcomm (NASDAQ:QCOM) has seen impressive interest this year. The company’s strong performance this year has been driven by its AI-powered Snapdragon processors, which work for PCs, gaming, smartphones, and automotive models. Despite the stock seeing a 20% drop over the past month and concerns regarding the U.S. economy, Qualcomm may rebound due to strong handset sales and an advantage in automotive.Known more as a semiconductor play, Qualcomm also supports diffe ...