Arm, Qualcomm stocks fall as investors wait for AI to drive new demand for smartphones, PCs
Arm and Qualcomm stocks dropped more than 4% Thursday despite their above-forecast quarterly earnings results the day prior — a sign that investors aren’t so patiently waiting to see if artificial intelligence will drive a wave of demand for consumer devices that rely on the companies’ chips.
Qualcomm reported first-quarter earnings Wednesday that beat consensus expectations on both the top and bottom line.
Qualcomm shares fell 4.2% in premarket trading on Thursday as the chipmaker's downbeat forecast for its patent licensing ...
Qualcomm is a global tech leader in wireless connectivity, AI, and IoT, but relies heavily on major customers like Apple, ...
During an earnings call on 6, 2025, Qualcomm's senior executives highlighted the company's success in premium market segments despite overall smartphone market stagnation. This premiumization trend ...
Qualcomm on Wednesday forecast sales and profits above analyst expectations as artificial intelligence features helped fuel ...
The company also sells chips to the automotive industry, and that business grew by an impressive 61%, raking in $961 million in sales. It’s a relatively new market for Qualcomm, which only began to ...
Qualcomm’s legal tussle with Arm Holdings appears to have taken a measured step towards resolution following a recent ...
Qualcomm forecast a sales range with a midpoint of $10.75 billion and adjusted profits of $2.80 per share, both above analyst ...
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