We came across a bullish thesis on QUALCOMM Incorporated on Uncle Stock Notes’s Substack. In this article, we will summarize the bulls’ thesis on QCOM. QUALCOMM Incorporated's share was trading at $168.09 as of November 28th. QCOM’s trailing and forward P/E were 33.55 and 13.76 respectively according to Yahoo Finance. Is ASML’s (ASML) Leadership Threatened After Substrate’s Recent Better Technology Claims? Qualcomm has emerged from recent challenges as a multi-dimensional tech powerhouse, driving growth ...

Core Insights - Earnings estimates for Qualcomm Incorporated (QCOM) for fiscal 2026 and fiscal 2027 have increased by 2% to $12.14 and 3% to $12.65, respectively, indicating positive investor sentiment [1][6]. Financial Performance - Current earnings estimates for Q1 and Q2 are $3.36 and $2.95, respectively, with fiscal year estimates for FY26 and FY27 at $12.14 and $12.65 [2]. - The earnings estimate revisions over the past 60 days show an increase of 3.70% for Q1, 1.37% for Q2, 2.02% for FY26, and 3.01% for FY27 [2]. Business Segments - Qualcomm is benefiting from its Snapdragon portfolio, which is driving growth in the mobile space, particularly with 5G technology [4][5]. - The company is expanding into AI capabilities with the launch of the Snapdragon X chip for mid-range AI desktops and laptops, aiming to diversify its revenue streams beyond the smartphone market [4]. - Automotive revenues reached a record high of $1.05 billion in Q4 FY25, reflecting a 17% increase, driven by new vehicle launches and the growth of connected vehicles [6][5]. Market Position and Challenges - Qualcomm's shares rose 9% over the past year, underperforming compared to the industry growth of 71.2% and peers like Broadcom, which surged 122.6% [8]. - The ongoing U.S.-China trade tensions are impacting Qualcomm's growth potential, as the company faces challenges in maintaining operations in China and increased competition from domestic chipmakers [9][10]. - High operating expenses and R&D costs have led to declining margins, with expectations of continued softness in the handset market affecting profitability [11][16]. Strategic Outlook - Qualcomm's focus on quality and operational execution, along with continuous portfolio enhancements, is expected to drive value for customers [15]. - Despite robust automotive and Snapdragon traction, the company faces stiff competition and market pressures that may hinder bottom-line growth [16].

摘要：本案例描述了高通技术公司在2025骁龙峰会上重磅发布的第五代骁龙8至尊版移动平台，它凭借 卓越的性能、能效和终端侧AI处理能力，为年度旗舰手机树立全新性能标杆。截至11月底，包括小米 17、小米17 Pro、小米17 Pro Max、荣耀Magic8、荣耀Magic8 Pro、红魔11 Pro、红魔11 Pro+、iQOO 15、真我GT8 Pro、努比亚Z80 Ultra、REDMI K90 Pro Max以及一加15在内的12款首批搭载该平台的商 用机型密集亮相，这一阵容不仅汇聚行业顶尖硬核实力，更为广大用户带来前所未有的极速体验与创新 突破，全面开启旗舰性能新时代。 关键词：第五代骁龙8至尊版移动平台；芯片；科技创新；智能手机；人工智能 第五代骁龙8至尊版移动平台 第五代骁龙8至尊版基于先进的3nm工艺制程，集成了包括定制的第三代Qualcomm Oryon CPU、全新架 构的高通Adreno GPU与增强的高通Hexagon NPU在内的一系列创新技术，在峰值性能与能效表现上实 现显著突破。Qualcomm Oryon CPU采用全新微架构，配备2个主频高达4.6GHz的超级内核与6个 3.6 ...

Semiconductor company Qualcomm could become a key player in the global artificial intelligence market.The artificial intelligence (AI) megatrend has supercharged the semiconductor sector in the past three years, and that's reflected in the 148% gain clocked by the PHLX Semiconductor Sector index during the period. A number of companies have benefited from the booming demand for the specific types of high-end chips required to run AI workloads in data centers, and their sales and earnings gains have resulted ...

近日，高通公司发布《扬帆再出海：2025高通物联网创新案例集》，共收录来自9大行业的22个创新案例，涵盖5家模组解决方案商及17家终端企业。这是高 通第五年发布物联网创新应用案例集。五年来，高通已携手近百家合作伙伴，汇聚覆盖十大行业的170余个案例，以真实的落地场景，生动呈现了中国企业 借助高通的物联网解决方案开拓全球市场发展机遇的实践和经验。 今年的案例集继续聚焦中国企业在全球业务拓展中的差异化创新与竞争力，展示它们如何凭借扎实的产业链基础和持续的技术创新，在垂直行业打造直击用 户痛点的应用，为各个行业的转型升级提供富有价值的重要参考和行业范例。案例集中呈现的一系列真实场景，清晰展现了"中国智慧"在全球舞台上释放的 实践价值。在哈萨克斯坦，智能农业机器人在玉米种植基地中埋头作业，助力当地农户实现"一人管千亩"的高效管理；在泰国，物联网追踪器成为护农队的 得力助手，解决困扰当地居民许久的野猪侵扰难题；在东南亚，一位用户通过AR智能眼镜将逝去父亲的影像重新带回身边，再现珍贵的温情记忆。 高通公司中国区董事长孟樸表示："2025年，恰逢数字中国建设10周年，也是高通成立40周年、植根中国发展30年。在全球范围内， ...

Core Points - The MEET2026 Intelligent Future Conference is a significant event in the AI sector, featuring prominent speakers from academia and industry, including Tsinghua University and major tech companies like Baidu and Google Cloud [1][22][36] - The conference will cover a wide range of topics related to AI, including large language models, embodied intelligence, and cloud computing applications [3][36] - Two key discussions will focus on the practical implications of AI advancements, particularly in autonomous driving and AI agents [9][12][17] Group 1: Conference Highlights - The conference will feature a GenAI Talk discussing the second phase of autonomous driving entrepreneurship, led by industry leaders [12][13] - A roundtable discussion will explore the evolution of AI agents and their potential to transform various industries [17][18] - Nearly thirty influential guests from academia and industry will share insights on AI's future, including key figures from Tsinghua University and major tech firms [18][22] Group 2: Reports and Trends - The conference will release the "2025 Annual AI Top Ten Trends Report," summarizing significant AI advancements and future trends [38][41] - An "Annual AI List" will highlight the most influential and innovative leaders in the AI industry across three dimensions: companies, individuals, and products [38][60] - The event aims to bridge the gap between theoretical AI research and practical applications, focusing on current challenges rather than distant AGI concepts [36][37]

Core Points - The meeting on December 3 involved a delegation of Chinese entrepreneurs led by Ren Hongbin, President of the China Council for the Promotion of International Trade, discussing cooperation in the semiconductor sector with the U.S. Semiconductor Industry Association [1] - Key topics included enhancing cooperation in the semiconductor field, deepening multilateral collaboration, and maintaining stability in global industrial and supply chains [1] Group 1 - The meeting featured participation from key figures such as the President and CEO of the U.S. Semiconductor Industry Association, John Neuffer, and representatives from major companies including Qualcomm, GlobalFoundries, ON Semiconductor, Nokia, Synopsys, and Emerson [1] - The dialogue aimed to address the importance of collaboration between China and the U.S. in the semiconductor industry, which is critical for both nations' technological advancements and economic stability [1]

Qualcomm logo positioned in front of rising stock chart. Key Points Qualcomm has recently bounced off support around $160, keeping its multi-month uptrend alive. The stock’s technicals are turning bullish again as its RSI rises and its MACD nears a crossover. Analysts remain confident, with price targets as high as $225 suggesting there’s considerable upside. Interested in QUALCOMM Incorporated? Here are five stocks we like better. Qualcomm Inc. (NASDAQ: QCOM) shares are back on firm footing in rece ...

Core Viewpoint - David Tepper, a billionaire hedge fund manager, has sold shares of Alphabet and Amazon while significantly increasing his position in Qualcomm, raising questions about his insights into these companies' prospects [2][12]. Group 1: Alphabet (GOOG) - Tepper sold 7.5% of his holdings in Alphabet during Q3 2025, despite the stock being highly rated by analysts, with 57 out of 66 recommending it as a "buy" or "strong buy" [3][6]. - The current market capitalization of Alphabet is $3,813 billion, with a current price of $316.02 and a gross margin of 59.18% [4][5]. Group 2: Amazon (AMZN) - Tepper reduced his stake in Amazon by 7.4% in Q3 2025, while the stock remains favored by analysts, with 66 out of 67 rating it as a "buy" or "strong buy" [5][6]. - Amazon's market capitalization stands at $2,506 billion, with a current price of $234.42 and a gross margin of 50.05% [7]. Group 3: Qualcomm (QCOM) - Tepper increased his position in Qualcomm by 255.7% in Q3 2025, indicating a strong belief in the company's future prospects in the AI sector [8][14]. - Qualcomm is recognized for its Snapdragon chips and aims to be a leader in edge AI technology, with plans to launch AI200 chips in 2026 and AI250 chips in 2027 [9][10]. - The market capitalization of Qualcomm is $183 billion, with a current price of $170.70 and a gross margin of 55.43% [10].

Market Overview - US stock markets saw collective gains with the Dow Jones up by 0.39%, Nasdaq up by 0.59%, and S&P 500 up by 0.25%. Major tech stocks mostly rose, with Intel increasing over 8%, and Apple and Qualcomm rising over 1% [1][3] - However, popular Chinese stocks mostly declined, with the Nasdaq Golden Dragon China Index down by 0.65%. Xpeng Motors fell nearly 8%, iQIYI dropped over 3%, and NIO and Bilibili fell over 2%. Alibaba and NetEase also saw declines of over 1% [1][3] Currency and Commodities - Following comments from Trump regarding potential candidates for the Federal Reserve chair, the US dollar index decreased by 0.1%, settling at 99.33 [4] - According to the American Petroleum Institute (API), US crude oil inventories increased by 2.48 million barrels, contrasting with a previous decrease of 1.859 million barrels [2][5]