QCOM
NASDAQ · Semiconductors
Qualcomm Inc
$161.38
+3.85 (+2.44%)
QCOM News30 articles
Dow Drops 370 Points as Five Stocks Drive Most of the Decline
The Dow Jones Industrial Average fell 370 points, with five stocks accounting for 59% of the decline. Broader markets showed resilience, suggesting sector rotation.
Qualcomm Shares Recover as Auto and IoT Growth Softens Handset Slide
Qualcomm shares stabilized Monday as automotive and IoT growth offset 61% of the handset revenue decline, though Q4 EPS guidance fell short.
Intel Stock Surges as Server Pricing Power Drives Growth, Foundry Losses Persist
Intel (INTC) shares surged 11.3% Thursday as server pricing and product mix drove 82% of growth, despite a $2.1B foundry loss. AI hardware demand lifts sector.
Semiconductor ETFs Surge: SOXX Outpaces SMH as Nvidia Weighting Gap Widens
SMH gained 6.5% but underperformed SOXX's 8.4% rise on Thursday, as Nvidia's 21.7% SMH weighting limited gains. Broader participation lifted SOXX.
AI Stocks Propel Nasdaq Higher Despite Broad Market Weakness
The Nasdaq surged 2.43% as AI-driven stocks rallied, but over 70% of S&P 500 stocks fell, highlighting a narrow market advance.
Qualcomm Shares Slide on Profit Margin Concerns Despite Revenue Beat
Qualcomm (QCOM) shares declined 2.8% premarket after its adjusted earnings guidance fell short by nearly 9%, highlighting margin pressures from higher input costs.
Qualcomm Shares Slide 4.4% as Handset Weakness Offsets Automotive, IoT Gains
Qualcomm shares fell 4.4% as a 20% drop in handset revenue overshadowed growth in automotive and IoT segments. The company also announced a BMW partnership and the acquisition of AI firm Modular.
Micron Shares Slide 13% as AI Spending Doubts Weigh on Chip Sector
Micron Technology (MU) shares dropped 13.3% over the past week as investors focus on AI spending prospects, despite new automotive supply agreements.
Micron Stock Slides Despite Auto Deals as Data Center Dominance Remains Key
Micron shares dropped 5.65% on Thursday, with data center segments contributing 61% of revenue versus 11.2% from auto. New auto deals offer stability but can't shift focus from hyperscaler demand.
Arm Holdings Plunges 7.5% as Rich Valuation Exacerbates Semiconductor Rout
Arm Holdings dropped 7.5%, losing $21.9 billion in market cap, as its elevated valuation of 301x earnings magnified a broader semiconductor decline.
Micron Drops Despite Auto Deals as Most DRAM Volume Remains Uncovered
Micron shares fell 4.6% in premarket trading despite new auto deals, as only 20% of DRAM volume is under contract, leaving the core business exposed to market volatility.
JD.com Rises on Volume, Qualcomm Slips as Chip Selloff Deepens
JD.com (JD) rose 2.4% on Monday with volume matching its average, while Qualcomm (QCOM) dropped 2.7% despite a TD Cowen price target increase.
Nasdaq Futures Slip as Chip Stocks Weaken Ahead of Fed Minutes
Nasdaq 100 futures dropped 1.04% early Tuesday as chip stocks slid, while Dow futures edged up, widening the gap between the two indices ahead of Fed minutes.
SpaceX Stock Under Short Squeeze Pressure Ahead of Nasdaq-100 Inclusion
SpaceX shares fell 7.8% as short interest hit 31% of free float, with the Nasdaq-100 inclusion set for July 7. Passive inflows may not fully offset bearish bets.
Ambarella Soars 25% as AI Demand Drives Stock Closer to Analyst Target
Ambarella (AMBA) shares jumped 25% to $83.88, reducing the gap to Northland's $101 target from 51% to 20%. A $800 million edge-AI deal and robust demand fuel the rally.
Micron's Record Quarter and Apple Price Hikes Test AI Stock Resilience
Micron's record quarter and Apple's price hikes highlight the memory squeeze in AI, with a shortened trading week and payrolls data adding pressure.
Dow Jones Drops Below 52,000 After Late Selloff, Tech Weakness Offsets Industrial Gains
The Dow slipped below 52,000 after hitting a 52-week high, with a 735-point swing from peak to close. Caterpillar's surge masked Apple's drop.
AI Trade Splits: Micron Surges, Apple Slumps as Chip Costs Bite
Micron soared 15.7% on $22B in customer pledges, but Apple fell 6.1% as rising memory costs pressure device makers, highlighting a split in the AI trade.
Applied Materials Surges $50 Billion on AI Memory Boom
Applied Materials surged 10.7% to $652.07, adding $50.4 billion in value, after unveiling new DRAM and advanced packaging systems and forecasting strong AI memory demand.
Qualcomm Stock Surges $16 Billion on Upbeat Data Center Revenue Forecast
Qualcomm shares jumped 7.6% to $212.34, adding $16 billion in market value after raising its fiscal 2029 data center revenue target to over $15 billion. The stock later gave back much of its early gains.
Memory Chip Rally vs. AI Megacap Slide: Market Shifts Focus to Pricing Power
Memory suppliers surged $239B in market cap on Micron's $22B customer commitments, while five AI megacaps lost $417B, shifting focus from AI demand to pricing power.
Dow Surges Over 760 Points as Industrials and Banks Lead Rally
Dow soars 763.79 points as Caterpillar, Goldman Sachs, and Honeywell lead gains, offsetting Apple's 4.8% drop. Alphabet set to replace Verizon in the Dow on June 29.
Market Rotates: Big Tech Loses $416B as Dow, Small Caps Rally
Broad market gains offset a $416 billion drop in megacap tech, as investors rotated into Dow and small-cap stocks. Micron jumped 10.4% on earnings beat.
Microsoft's $386.6B AI Bet Tests Investor Patience
Microsoft shares have dropped 24% year-to-date, weighed down by massive AI infrastructure spending and regulatory risks, despite strong cloud sales growth.
Intel Stock Rally Faces Analyst Skepticism Amid Options Slowdown
Intel shares closed at $131.65, near record highs, but analyst targets average $101.57 and options volume has dropped below 20-day averages.
Nvidia Approaches $200 Mark Ahead of Russell Index Shuffle
Nvidia trades near $200 ahead of Russell rebalancing, where each $1 swing equals $24.4B in market cap. Index demand and PCE data drive near-term action.
Micron's Record Revenue Propels Nasdaq Futures Higher Ahead of PCE Data
Nasdaq 100 futures rise 2.15% driven by Micron's strong earnings and AI chip demand. Markets eye PCE data and Q1 GDP for further direction.
Micron Surges 16.7% Premarket on $100B in Multi-Year AI Memory Contracts
Micron shares jumped 16.7% premarket after locking in $100 billion in minimum-price contracts and $22 billion in deposits, highlighting investor focus on multi-year supply deals over spot market risks.
Micron and Qualcomm Surge After Hours, Sparking $400 Billion Chip Rally
Micron (MU) soared 16% after hours on $100 billion in customer commitments; Qualcomm (QCOM) jumped 13% on a $15 billion data-center target, fueling a $400 billion chip rally.
AMD Shares Flat Despite UBS $1.1 Trillion Target as AI Competition Intensifies
UBS set a $670 price target on AMD, implying a $1.1 trillion valuation, but shares closed nearly flat amid Qualcomm's AI chip push and tech sector weakness.