4 Articles
4 Articles
Qualcomm exceeded the revenue and profit forecasts of the fourth quarter, but its profit forecasts for the next period fell short of expectations. At 8:15 EDT, its shares were back 5.25% in the pre-opening negotiations, according to Yahoo Finance. The fall in telephone revenues contrasted with the advance of automotive and the company’s bet on data centers, computing and artificial intelligence.
Qualcomm beat earnings for the tenth straight quarter and its stock fell anyway
JPMorgan analysts argue the loss of Apple modem business will hold Qualcomm's total revenue growth to single digits in fiscal 2026 and 2027, even as automotive and IoT grow at double-digit rates. The company's own targets lean heavily on data center chips.
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Total News Sources4
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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