Qualcomm Stock Gains Despite Bad News

Qualcomm NASDAQ: QCOM is one of the leading players in the semiconductor industry. The firm has outperformed the market and industry over the past 12 months, with a total return of 75%. Over the same period, the SPDR S&P Semiconductor ETF NYSEARCA: XSD is up just 15%. Let’s look at Qualcomm’s business segments, recent earnings,…

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AI Drives Growth Despite Market Volatility

$207.89 +2.14 (+1.04%) (As of 07/8/2024 ET) 52-Week Range $104.33 ▼ $230.63 Dividend Yield 1.64% P/E Ratio 27.94 Price Target $192.13 Qualcomm NASDAQ: QCOM is a dominant force in the semiconductor industry, designing and manufacturing wireless communication products and solutions. The industry is undergoing a significant transformation fueled by the burgeoning demand for AI-powered devices. This…

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