QUALCOMM Incorporated
QCOM · Nasdaq
QCOM · Nasdaq
QUALCOMM designs and sells wireless and computing semiconductors and licenses its communications intellectual property. Its Qualcomm CDMA Technologies segment, or QCT, generates most revenue by supplying modem-RF systems, application processors, connectivity chips and automotive and Internet-of-Things platforms to device manufacturers, automakers and other electronics customers. Qualcomm Technology Licensing, or QTL, generates licensing and royalty revenue from handset makers and other licensees using Qualcomm patents, contributing less revenue but historically significant profitability. The company reported $44.3 billion of fiscal 2025 revenue and $5.5 billion of net income, versus $39.0 billion and $10.1 billion in fiscal 2024.
Qualcomm rose $3.61, or 2.12%, from $170.48 to $174.09 over the reported week, with nearly all of the gain arriving on September 8 as volume surged to 26.1 million shares. The decisive catalyst was Amazon’s announced $60 billion, multi-generation AI-chip and data-center collaboration, which strengthened the case for Qualcomm’s emerging data-center business and reduced investor concerns about dependence on Apple. Coverage also highlighted the stock’s technical setup and valuation, while a report that CFO Akash Palkhiwala had arranged a 2,500-share sale under a trading plan was a minor counterpoint. The move occurred without a material within-week reversal in the supplied closes.
QUALCOMM rose $3.79, or 2.30%, from $164.78 to $168.57 over the week. The shares jumped to $170.48 on Monday as expectations around a new AI GPU and upcoming third-quarter figures supported the stock, but gave back most of that gain on Tuesday, closing at $166.61. Qualcomm recovered to $169.96 on Wednesday before easing on Thursday. Trading occurred alongside a firmer broader market as bond yields and crude oil stabilized; the S&P 500, Dow and Nasdaq 100 all posted gains in the cited market coverage. The supplied evidence does not identify a material company-specific announcement during the week, leaving AI expectations and market conditions as the main stated drivers.
QUALCOMM rose $3.44, or 2.14%, from $160.75 to $164.19 over the week. The stock initially fell 1.4% to $158.53 on Monday without a documented company-specific catalyst, then reversed higher for three consecutive sessions, reaching $164.78 on Thursday before giving back $0.59 on Friday. The strongest gains coincided with broader technology and AI optimism, while coverage highlighted Qualcomm’s high-performance-computing roadmap, edge-AI VENTUNO Q platform and longer-term opportunity. A broader market rebound, supported by weaker crude oil and lower bond yields, also provided context. Trading volume increased through Thursday’s advance, peaking at 15.1 million shares, but the supplied evidence does not identify a dated earnings, guidance or contract announcement driving the move.
QUALCOMM rose 6.99%, from $151.57 to $162.17 over the reported five-session span, despite a volatile path. The largest catalyst was a report that the company was considering acquiring Tenstorrent to strengthen its artificial-intelligence chip ambitions; QCOM jumped more than 4% in that session. The stock then gave back part of Tuesday’s gain before recovering through Thursday and Friday, helped by broader technology-market strength and a weak jobs report that reduced rate-hike fears. Earlier earnings-related concerns remained a counterweight: coverage highlighted an earnings miss and management’s expectation that China would recover. Monday’s broader market was pressured by soaring crude prices and inflation worries, while QCOM fell 3.39% in the final session.
QUALCOMM fell $0.21, or 0.13%, from $162.88 to $162.67 over the supplied week, despite substantial volatility. Shares dropped sharply from $162.88 on July 28 to $147.61 on July 31, then recovered nearly all of that decline, gaining to $151.57 on August 3 and $162.67 on August 4. The clearest company-specific pressure was UBS’s target cut to $170 from $190, which was associated with a 2.6% intraday decline. Investors also faced downward fiscal 2026 and 2027 estimates tied to handset weakness, margin pressure and competition. The rebound occurred alongside a broad technology rally, with the Nasdaq 100 up 3.32% in the strongest cited session.
