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Alphabet discloses $548 million worth of Qualcomm stake
The filing also showed Alphabet increased its SpaceX holding as Qualcomm expanded beyond smartphone chips into data center and AI markets.
Summary by Channel News Asia
9 Articles
9 Articles
A regulatory document showed that Alphabet had nearly 3 million Qualcomm shares, valued at $547.9 million at the end of September. Although Qualcomm’s titles advanced more than 3% in an initial reaction reported after the share was known, on November 5 they fell more than 9% in the first operations after their sales of phone chips failed to meet Wall Street’s expectations.
Increase participation in SpaceX.
Coverage Details
Total News Sources9
Leaning Left1Leaning Right1Center2Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
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