QUALCOMM Stock News

Tepper slashed his hedge fund's position in UnitedHealth Group, perhaps to take some profits off the table. He loaded up on Whirlpool, Qualcomm, and AMD stocks.

Nvidia might be the top dog in artificial intelligence (AI) hardware today, but its lead is narrowing. Qualcomm's newly announced AI chips and Alphabet's Ironwood TPU are positioned to compete with Nvidia on the low and high ends of AI hardware, respectively.

Alphawave IP Group PLC (LSE:AWE) shares rose 6% to 200.6p after the semiconductor group and Qualcomm confirmed that several major regulatory approvals for its £1.8 billion recommended takeover have now been secured, keeping the deal on track for completion before Christmas. The acquisition is being carried out through a court-sanctioned scheme of arrangement.

The market may have been too pessimistic about QCOM's well-diversified capabilities across the smart device, automotive, CPU, data center, and advanced robotics end markets. This is especially since the management has delivered outsized non-Apple handset revenue growth in FY2025 while guiding "low teens percentage growth" in FQ1'26. QCOM may report a robust data center monetization through the ...

Adobe and Qualcomm said on Wednesday they are partnering with Humain, the artificial intelligence firm backed by Saudi Arabia's sovereign wealth fund, to help the AI company develop tools for generating content in Arabic and for the broader Middle East.

Tepper initiated a significant new position in AI chipmaker AMD. He increased his hedge fund's stake in Chinese tech giant Baidu.

Shares of Qualcomm Inc. NASDAQ: QCOM were down another 2% early on Tuesday, Nov. 18, sliding below $163 as the broader market sell-off began to gain momentum. The move meant they had now erased all post-earnings gains from last month's breakout, leaving the stock down more than 20% from its highs.

The U.S.-Saudi Arabia investment forum to take place in Washington during the visit of Saudi Crown Prince Mohammed bin Salman this week is expected to include CEOs from Chevron, Qualcomm, Cisco, General Dynamics and Pfizer, according to a source familiar with the event.