[ad_1] Like most technology companies, Qualcomm, Inc. (NASDAQ: QCOM) benefited from the COVID-driven digital transformation and high demand for smartphones until recently. The chipmaker’s mixed first-quarter report has raised speculation about its performance this year, given the fading pandemic boom and economic uncertainties. The Stock Qualcomm’s stock had a positive start to 2023 and gained … Read more
[ad_1] AutumnSkyPhotography Qualcomm (NASDAQ:QCOM) shares slipped around 2.5% in early trading on Friday as the semiconductor company reported mixed fiscal first-quarter results and in-line guidance, prompting Wall Street analysts to say that there is an uneven road ahead. Susquehanna analyst Christopher Rolland, who has a neutral rating on Qualcomm (QCOM), noted that the company’s “little … Read more
[ad_1] Chipmaker Qualcomm, Inc. (NASDAQ: QCOM) has reported lower earnings and revenues for the first quarter of 2023. The company also provided guidance for the second quarter of 2023. At $9.5 billion, first-quarter revenues were down 12% from the prior-year quarter. Both the QCT and QTL segment revenues declined by double digits. Net income was … Read more
[ad_1] Qualcomm Inc. shares rose in the extended session Thursday after the chip maker slightly beat Wall Street expectations on earnings, and projected confidence amid an outlook that fell just short of the consensus. Qualcomm QCOM, -1.89% shares rose 3% after hours, following a 1.9% decline in the regular session to close at $135.85. “The … Read more
