QCOM

QUALCOMM (NasdaqGS:QCOM) has joined Advantech and other partners in the new WEDA edge AI ecosystem to support scalable deployments across varied hardware. The WEDA collaboration focuses on simplifying edge AI solutions by standardising tools and reference designs for industrial and enterprise use cases. QUALCOMM is also participating in up to 29 cross sector agreements between US and Vietnamese firms announced during a recent state visit. The WEDA edge AI alliance and the US Vietnam trade...

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Qualcomm is selling off sharply on a day when the broader chip fund is climbing, and the disconnect between those two moves points to something specific happening inside one of the market's most closely watched semiconductor names.

NVIDIA (NVDA) is the strongest business in its peer group, and it is priced below every rival you can compare it with fairly, at 27.5 times earnings. Yet over the past twelve months NVDA returned 25.7% while AMD returned 239.7%. The best business in the group is one of its weakest stocks, and not because anyone doubts the demand.

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Qualcomm (QCOM) told investors in its fiscal Q3 2026 call that its share of Apple's recent iPhone launch would be materially lower than its prior estimate of 20%. In the same call, management raised its non-handset revenue target for fiscal 2029 to $40 billion—nearly doubling its prior $22 billion goal as automotive, IoT, and data center expand. Anyone buying the stock today is deciding whether that replacement revenue arrives on schedule.

Crypto-linked equities ripped higher as Bitcoin cleared $80,000, but the S&P 500 slipped with the 10-year Treasury yield back above 5%.

- Reuters Citing Sources

- Reuters Citing Sources