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As of Jun 22, 9:31 PM ET ·
QCOM News30 articles
G7 Leaders Debate AI Model Access Amid OpenAI's $1T IPO Plan and Rising China Competition
G7 leaders debate AI model access as OpenAI files for a $1T IPO. Anthropic restricts models, China boosts local AI, and cybersecurity deals surge.
Technology
Qualcomm Gains on Potential $10B Tenstorrent Acquisition
Qualcomm shares jumped 4.3% to $220.81 after reports of potential $8-10 billion acquisition of AI chip startup Tenstorrent, signaling push into AI infrastructure.
Technology
Qualcomm Jumps on Nvidia CEO Praise, Bullish JPM Target
Qualcomm shares rose 3.3% in premarket trading after Nvidia CEO Jensen Huang praised the company and JPMorgan raised its price target to $265, ahead of its June 24 investor day.
Technology
Nvidia Gains on Korea AI Deals, But PC Demand Questions Loom
Nvidia shares rose 1.8% to $208.64 after announcing AI memory deals with SK Hynix and a sovereign AI buildout with NAVER, but analysts question mainstream AI PC demand.
Technology
Nasdaq Rises 0.86% as Chip Stocks Rebound; Intel Surges on Google AI Chip Order
The Nasdaq climbed 0.86% as chip stocks rebounded, with Intel surging 11.2% on news of a massive Google AI chip order. Apple fell 1.9% amid AI feature rollout. Investors await May CPI data.
Markets
SCHD's Heavy Top Holdings Raise Red Flags for Safety Seekers
SCHD's top 10 holdings now make up 43.5% of assets, raising concentration risk. With a 3.24% yield and $95.17B in assets, the fund's safety profile is under scrutiny.
Markets
Micron Plunges 7.7% as $94B Wiped Out; AI Memory Demand in Question
Micron shares tumbled 7.7% on Thursday, erasing $94.24 billion in market value as Broadcom's disappointing results triggered a broad chip selloff and raised doubts about AI memory demand.
Markets
Marvell Surges on S&P 500 Speculation, AI Demand; After-Hours Pullback
Marvell Technology surged 4.9% on S&P 500 inclusion bets and AI demand, bucking a chip selloff. Shares later pulled back after hours, with volume more than double average.
Markets
Dow rises as AI chip stocks stumble; Broadcom plunges 15%
Broadcom shares tumbled 15% after missing revenue expectations and holding its AI-chip sales forecast steady, dragging the Nasdaq lower and sparking a selloff in chip stocks.
Markets
Intel Stock Falls Despite Foxconn AI Deal; Chip Sector Hit by Broadcom Miss
Intel shares fell 3.71% premarket despite announcing an AI infrastructure deal with Foxconn, as the broader chip sector sold off following Broadcom's disappointing results.
Technology
Broadcom Plunge 13% After Hours Sparks Tech Selloff, Dow Drops 621 Points
Broadcom slid 13.7% after hours after missing Q2 revenue estimates and keeping AI-chip sales forecast unchanged, triggering a broader market decline with the Dow falling 621 points.
Markets
Nvidia Shares Slip 3.6% as AI Rally Faces Supply and Margin Tests
Nvidia shares slid 3.6% to $214.75 on Wednesday as profit-taking after Computex and broader market weakness offset positive supply comments and new AI PC chip announcements, testing the AI rally's momentum.
Technology
Wall Street Retreats as Oil Surge and Fed Jitters Rattle Markets
U.S. stocks retreated from record highs as rising oil prices and geopolitical tensions reignited inflation concerns, with the Dow shedding 582 points and traders pricing in a 40% chance of a Fed rate hike by year-end.
Markets
Nvidia's Market Cap Nears $5.4 Trillion as Marvell Surges on AI Endorsement
Nvidia shares eased in premarket trading Wednesday, pausing after recent AI-driven gains, as Marvell Technology surged following CEO Jensen Huang's endorsement. Investors await Broadcom results and key economic data.
Technology
Arm's AI Chip Revenue Target Nears as Demand Surges Beyond Expectations
Arm CEO Rene Haas says demand for its AI data-center CPU is outpacing forecasts, with customers like ByteDance and Oracle. Shares jumped 15.73% to an all-time high as Nvidia launched an Arm-based PC chip.
Technology
Futures Dip as HPE Surge Highlights AI Demand; Alphabet Equity Raise Weighs
U.S. stock futures edged lower Tuesday, with HPE surging nearly 29% on AI server demand, while Alphabet dropped 2% after an $80 billion equity raise. JOLTS job openings data due later.
Markets
Nvidia's New AI PC Chip Drives 6% Surge, Challenges AMD and Intel
Nvidia shares surged 6.26% after unveiling RTX Spark, a 1-petaflop AI chip for Windows PCs, lifting its market cap to $5.47 trillion and boosting the Nasdaq and S&P 500 to record highs.
Technology
Nvidia’s AI PC Chip Launch Sends Intel Shares Down 4.7%
Intel shares plunged 4.7% as Nvidia's new RTX Spark AI PC chip targets Intel's stronghold, while Nvidia rose 6.3%. Intel's Computex news failed to calm investor concerns.
Technology
Dow Edges Higher as Nvidia's AI Push Bolsters Tech; Oil Jumps on Iran Tensions
The Dow closed up 44.70 points to 51,076.85 as Nvidia's RTX Spark AI chip news lifted tech stocks, while oil prices jumped to $94.98 on renewed U.S.-Iran tensions.
Markets
S&P 500, Nasdaq Near Records as Nvidia Surge Offsets Oil-Led Market Pressure
Nvidia surged 5.9% after unveiling a new AI PC chip with Microsoft, lifting the S&P 500 and Nasdaq near records. Oil's rally to $94.99 capped broader gains, pressuring airlines.
Markets
Nvidia Surges on RTX Spark AI Chip, Pressuring Intel and AMD
Nvidia shares jumped 6.2% to $224.27 after announcing RTX Spark, an AI chip for Windows PCs, intensifying competition with Intel, AMD, and Qualcomm.
Technology
Markets Mixed: Nvidia Gains on AI Chip Launch, Oil Surges on Iran Tensions
U.S. stocks were mixed Monday as Nvidia surged on a new AI chip with Microsoft, while oil prices jumped over 6% on Iran-related risks. The Dow fell 0.2%, and the S&P 500 was flat.
Markets
Wall Street Wavers: Dow Dips on Oil Surge, Inflation Jitters
The Dow Jones slipped from record highs as rising oil prices and a strong manufacturing PMI stoked inflation concerns, while Nvidia's AI chip launch lifted tech stocks.
Markets
Wall Street Futures Rise as AI Chip News Offsets Oil Price Surge
U.S. stock futures edged higher Monday as Nvidia and Microsoft surged on AI chip news, offsetting a rise in oil prices above $94 due to renewed Gulf tensions.
Markets
Nvidia Enters New Phase as AI PC Launch Looms
Nvidia shares slipped 1.9% last week as the company gears up for its AI PC launch with Microsoft. Record revenue and a raised buyback plan underscore strong demand, but high expectations keep the stock under pressure.
Technology
AMD Stock Hits Record Highs on AI Chip Rally, Jobs Data Looms
AMD closed at $516.10 after a 10% weekly gain, fueled by AI chip demand. The stock eyes record highs amid economic data and competition from Nvidia.
Technology
Ambarella Shares Plunge 21% Despite $800 Million AI Deal and Improved Earnings
Ambarella shares dropped 21% to $72.18 after Q1 results and a $800 million Hanwha deal failed to calm investor worries.
Technology
Intel Falls 5% as AI Euphoria Fails to Lift Chipmaker Amid Valuation Worries
Intel shares fell 5.1% Friday, underperforming major indexes as investors focused on valuation after a sharp AI rally, despite MediaTek's support for its EMIB packaging technology.
Markets
Ambarella Shares Plunge 20% Despite AI Deal and Earnings Beat
Ambarella shares fell about 20% Friday despite a slight earnings beat and a $800 million Hanwha contract, as investors focus on margin declines and the gap between AI hype and cash flow.
Earnings
ByteDance's AI Chip Push Could Open New Data Center Markets for Qualcomm
ByteDance is accelerating its custom AI chip and CPU development, with a reported deal to purchase millions of Qualcomm ASICs for data centers, easing hardware bottlenecks.
Technology