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 reported a record quarter for its automotive, handset and IoT business, and see the "era of AI inference" driving more demand.
Qualcomm shares fell 4.2% in premarket trading on Thursday as the chipmaker's downbeat forecast for its patent licensing ...
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 Incorporated (NASDAQ ... and AI accelerators should drive durable revenue and earnings growth.” Artificial intelligence is the greatest investment opportunity of our lifetime.
(Reuters) - Shares in Qualcomm fell more than 3% in Frankfurt on Thursday as a disappointing forecast for no growth in its ...
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