China aims at Nvidia and Qualcomm in effort to restrict US chip imports
China is intensifying its crackdown on American chip imports by opening an antitrust investigation into Qualcomm and deploying customs officials to ports to inspect Nvidia processors. On Friday, China’s market regulator announced it is looking into whether Qualcomm’s purchase of the Israeli chipmaker Autotalks infringes on antitrust laws. As a result, shares of Qualcomm, based […]
Qualcomm Shares Drop as Certain Revenue Growth Falls Short
Qualcomm’s Third Quarter Results Reflect Mixed Outcomes Qualcomm exceeded analyst expectations for its third quarter, yet shares dropped on Thursday morning. While the chipmaker saw revenue growth, it was not as robust as projected, with its outlook for the fourth quarter largely aligning with analyst forecasts. Analysts from JPMorgan predict that Qualcomm’s revenue growth may […]
Qualcomm stock falls as outlook lets down investors
Qualcomm Incorporated (NASDAQ:QCOM) saw a decline in its stock during after-hours trading on Wednesday. This dip came despite a fourth-quarter guidance that raised concerns about demand in end markets. The shares dropped by 4.1%, even though chipmakers reported better-than-expected revenues, which left some investors feeling disappointed. For the quarter ending June 29, Qualcomm posted non-GAAP […]
Qualcomm (NASDAQ:QCOM) Reports Strong Q4, Next Quarter’s Sales Guidance is Optimistic – Yahoo Finance
Qualcomm (nasdaq) reports a powerful Q4, and the next quarterly sales guidance is optimistic. The wireless chip maker Qualcomm (NASDAQ) reported that the results of the fourth quarter CY2024 have fallen below the expectation of Wall Street's earnings, increasing by 17.5 % year -on -year to $ 1167 billion. In addition, the next quarterly revenue […]
Qualcomm approached Intel about a takeover: report
Qualcomm recently made an acquisition offer to semiconductor maker Intel. The Wall Street Journal reported. He said Friday, citing people familiar with the matter. Intel shares reversed course in afternoon trading, rising 8%, while Qualcomm's shares were down 4%. Qualcomm reportedly recently approached Intel about a takeover. Reuters Intel has been trying to turn around […]