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    • NASDAQ:QCOM

    Business

    Qualcomm Surpasses Earnings Expectations Amid Smartphone Market Recovery

    Qualcomm Inc. has reported strong fiscal third-quarter earnings, exceeding Wall Street expectations with a 12% year-over-year increase in smartphone processors and modems sales. The company’s adjusted earnings per share reached $2.33, while revenues hit $9.39 billion. Despite a slight dip in after-hours trading, Qualcomm’s focus on AI smartphones and a booming automotive sector, which saw an 87% revenue increase, positions it well for future growth in the tech industry.

    Posted on Jhon
    Business

    Qualcomm’s Stock Outlook: Three Key Reasons for Investor Optimism

    Qualcomm investors are optimistic about the company’s stock potential due to its strategic moves in the PC market and strong position in the phone processor segment. Despite setbacks in 2023, Qualcomm’s stock has surged in 2024, driven by growing interest in the consumer AI market and OEM contracts for Snapdragon X Elite chips. Analysts predict Qualcomm could capture 25% of the ARM laptop market by 2027, posing a challenge to Intel and AMD.

    Posted on Jhon
    Business

    Qualcomm Surpasses Revenue Expectations with Focus on AI-Powered Smartphones

    Qualcomm exceeds revenue forecast with focus on AI-powered smartphones, reporting strong earnings and anticipating sales growth. The company sees increased demand for premium tier devices in China from brands like Oppo, OnePlus, and Vivo, highlighting the importance of advanced chips in the market.

    Posted on Jhon
    Business

    Qualcomm Reports Impressive Fiscal First-Quarter Results

    Qualcomm, the renowned chipmaker, has reported impressive fiscal first-quarter results with a significant surge in handset chip sales, signaling a potential recovery in the smartphone market. The company’s earnings per share stood at $2.75, surpassing the expected $2.37, while revenue…

    Posted on Jhon
    Business

    S&P 500 Reaches All-Time Highs: Analysts Focus on Qualcomm Stock

    The S&P 500 Index has reached all-time highs, fueled by optimism around artificial intelligence (AI) and hopes of a rate cut. Analysts are closely monitoring the market, with a particular focus on Qualcomm stock. Over the last three months, nine…

    Posted on Jhon