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Qualcomm shares gain on reports of a landmark AI chip deal with TikTok-parent ByteDance. Here’s what the reported agreement really means for QCOM stock in 2026.
Stocks kicked off the week with a broad rally that was fueled by semiconductor companies. The S&P 500 rose 0.6%, hitting a new record. The Dow fell 118 points or 0.2%, while celebrating its 130th birthday today.
Marvell Technology (MRVL) is scheduled to report Q1 results after-market hours on Wednesday, May 27, and expectations are running high following several quarters of explosive AI-driven growth.
Qualcomm (NasdaqGS:QCOM) has agreed to supply millions of AI chips to ByteDance, the owner of TikTok. The deal marks one of Qualcomm's first major wins in the AI data center accelerator market. The agreement expands Qualcomm's reach beyond its core smartphone processor business into AI infrastructure. For Qualcomm, long known for mobile processors and connectivity solutions, this ByteDance agreement highlights how AI data center hardware is becoming a bigger part of the story. Large...
ByteDance is reportedly set to procure millions of Qualcomm AI chips for data center and AI agent software expansion.
Qualcomm Rallies. A New AI Chip Win Could Reduce Its Smartphone Reliance
ByteDance is set to procure millions of Qualcomm ASICs to support its AI agent software, marking a major push into AI infrastructure
Qualcomm has reached a deal with TikTok owner ByteDance to supply chips for artificial intelligence data centers, according to a Bloomberg report.
Investing.com -- Qualcomm Inc. (NASDAQ:QCOM) shares rose 4% Tuesday following a Bloomberg report that the company secured a deal to supply AI chips to ByteDance Ltd., the owner of TikTok.
After a brief cool-off last week, U.S. semiconductor and memory stocks are rallying in Tuesday morning trading, led by Micron, which traded above a $1 trillion market capitalization for the first time.
Qualcomm reached a deal with TikTok owner ByteDance to supply chips for AI data centers, Bloomberg News reported on Tuesday, citing people familiar with the matter. Shares of the smartphone chip designer rose about 5%. ByteDance is set to procure millions of Qualcomm chips known as application-specific integrated circuits to help support the social media company's AI agent software, according the report.
(Bloomberg) -- Qualcomm Inc. reached a deal with TikTok owner ByteDance Ltd. to supply chips for artificial intelligence data centers, according to people familiar with the matter, marking a key win for a company trying to expand from smartphone processors into AI infrastructure.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good N
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Recently, Zacks.com users have been paying close attention to Qualcomm (QCOM). This makes it worthwhile to examine what the stock has in store.
U. S. semiconductor stocks moved broadly higher in premarket trading on Tuesday, with memory chipmakers and AI infrastructure companies leading gains as market sentiment improved following signs of progress in negotiations between the United States and Iran.
Investing.com -- U.S. semiconductor stocks have rallied broadly in premarket trading on Tuesday, led by memory and AI infrastructure names as investor sentiment strengthens following apparent advances in peace talks between the U.S. and Iran.
Tech stocks rose to start the holiday-shortened week as investors looked to the latest mega IPOs and continued to assess what Nvidia's latest earnings mean for the artificial intelligence trade.
Tech stocks rose to start the holiday-shortened week as investors looked to the latest mega IPOs and continued to assess what Nvidia's latest earnings mean for the artificial intelligence trade.
Tech stocks rose to start the holiday-shortened week as investors looked to the latest mega IPOs and continued to assess what Nvidia's latest earnings mean for the artificial intelligence trade.
Tech stocks rose to start the holiday-shortened week as investors looked to the latest mega IPOs and continued to assess what Nvidia's latest earnings mean for the artificial intelligence trade.
The headline performance data rolling across trading desks on Friday afternoon looks almost too clean to be real. The benchmark S&P 500 extended its massive winning streak to eight consecutive weeks as ten of the eleven market sectors finished cleanly in positive territory, with healthcare leading the charge. CNBC’s Julia Boorstin framed it cleanly on ... 10 of 11 Sectors Higher: Why the S&P’s Rally Looks Healthier Than the Headlines Suggest
Arm Holdings plc (NASDAQ:ARM) is one of the 10 Best Performing Quantum Computing Stocks So Far in 2026. On May 16, Reuters, citing Bloomberg News, reported that Arm Holdings plc (NASDAQ:ARM) faces a US antitrust probe, with the Federal Trade Commission investigating its semiconductor licensing practices. The Federal Trade Commission is examining whether Arm Holdings […]
QCOM expands its Stellantis partnership to power AI-driven, connected vehicles, boosting Snapdragon Digital Chassis adoption across millions of cars.
Wall Street’s bears still have Qualcomm in their crosshairs. Now the chipmaker’s AI gamble needs to deliver fast because hype alone is no longer moving the market.
The trading activity of members of Congress continues to be closely followed by retail investors. A congresswoman made two large sales of a leading technology stock, trading near all-time highs. Here's a look at the trades. Congresswoman Sells Qualcomm Stock...
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