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Qualcomm wins BMW chip supply deal for future vehicle platforms
Reuters13d agobullish
Qualcomm wins BMW chip supply deal for future vehicle platforms

Qualcomm said on Wednesday it has signed a long-term deal to supply ‌chips for German luxury automaker BMW's future ‌digital cockpit and advanced driver-assistance systems through the next decade. The ​agreement comes as competition intensifies in the automated driving market, with Nvidia and Mobileye Global also aiming to supply chips and software platforms to automakers. • The ‌deal includes Qualcomm's ⁠Snapdragon Digital Chassis solutions, including cockpit processors, automated driving chips and AI accelerators, which ⁠the companies said would establish the hardware basis for BMW's AI-led platforms.

Qualcomm faces crucial test after brutal 35% slide
TheStreet14d agoneutral
Qualcomm faces crucial test after brutal 35% slide

The 41-year-old company has given back the stock gain it made in the first half of the year and is sitting 35% below its peak. And it's heading into an earnings report that needs to answer some hard questions. Qualcomm (QCOM) closed July 27 at $170.04, up 1.84% on the session but a long way from ...

Tech Earnings, Fed Rate Decision: What to Watch This Week
The Wall Street Journal14d agoneutral
Tech Earnings, Fed Rate Decision: What to Watch This Week

Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.

Is Qualcomm Stock a Buy Ahead of July 29 Q3 Earnings?
24/7 Wall St.15d agobullish
Is Qualcomm Stock a Buy Ahead of July 29 Q3 Earnings?

Qualcomm (NASDAQ:QCOM) heads into Wednesday’s Q3 earnings report on July 29 at just 15x forward earnings, despite returning billions of dollars to shareholders and expanding beyond smartphones. Qualcomm also offers investors a dividend yield above 2% alongside exposure to growing automotive, IoT, and hyperscaler chip businesses. Qualcomm’s 15x Forward P/E Leaves Room for Upside QCOM trades ... Is Qualcomm Stock a Buy Ahead of July 29 Q3 Earnings?

Morning Bid: China chip champ
Reuters15d agoneutral
Morning Bid: China chip champ

By Mike Dolan July 27 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets A pause in the Iran conflict and a sizeable retreat in crude oil

Qualcomm tells customers of double-digit price increases, Bloomberg News reports
Reuters18d agoneutral
Qualcomm tells customers of double-digit price increases, Bloomberg News reports

Smartphone chipmaker Qualcomm has told customers it would raise prices ‌by a percentage in the ‌double digits due to rising costs, Bloomberg News reported ​on Friday, citing a letter sent to clients. The San Diego, California-based company did not immediately respond to a Reuters request for ‌comment. • Qualcomm told customers that it could no longer absorb rising supplier costs and had sought alternative ‌components from new suppliers, ​the report said.