Chipmakers Qualcomm and Arm post sales rise on smartphone strength
Despite beating revenue forecasts, Qualcomm shares were down more than 4.5 per cent in after-hours trading, while Arm shares were about 6 per cent lower. Shares in both groups have rallied over the past year, setting a high bar for their quarterly earnings reports.
Qualcomm and Arm were dropping on Thursday but there’s reason to think the onset of low-cost artificial intelligence is good ...
Qualcomm on Wednesday forecast sales and profits above analyst expectations as artificial intelligence features helped fuel ...
Qualcomm reported a record quarter for its automotive, handset and IoT business, and see the "era of AI inference" driving more demand.
AI has helped foster Qualcomm's next upgrade cycle and the growth of an emerging business segment. Although growth is not as fast as other chip stocks, a low valuation is likely to limit Qualcomm ...
Qualcomm (QCOM) is scheduled to report results of its fiscal first quarter after the market closes on February 5 with a conference call ...
Qualcomm reported fiscal first-quarter results Wednesday and guidance for the current quarter as smartphone demand continues to improve, boosting demand for its chips.
The Roundhill Magnificent Seven exchange-traded fund has risen 1.5% this year, helped by Meta and Amazon reaching all-time ...
Qualcomm on Wednesday forecast sales and profits above analyst expectations as artificial intelligence features helped fuel ...
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