QCOM

SAN DIEGO, July 15, 2026--(BUSINESS WIRE)--Qualcomm Incorporated (NASDAQ: QCOM) today announced that it will publish the Company’s financial results for its third quarter of fiscal 2026 on Wednesday, July 29, 2026, after the close of the market on the Company’s Investor Relations website, at https://investor.qualcomm.com/financial-information. The earnings release will also be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K, which will be available on the SEC website at http://www.sec.gov. Qualcomm will host a conference call to discuss its third quarter fiscal 2026 results which will be broadcast live on July 29, 2026, beginning at 1:45 p.m. Pacific Time (PT) at https://investor.qualcomm.com/news-events/investor-events/default.aspx. An audio replay will be available at https://investor.qualcomm.com/news-events/investor-events/default.aspx and via telephone following the live call for 30 days thereafter. To listen to the replay via telephone, U.S. callers may dial (877) 660-6853 and international callers may dial (201) 612-7415. Callers should use reservation number 13761080. About Qualcomm Qualcomm is a global computing leader at the center of the AI era, enabling intelligence to scale from the most personal devices to large-scale infrastructure. Building on more than four decades of innovation, we develop platforms and solutions that bring together advanced AI, high-performance, low power computing and industry-leading connectivity—powering products and services used around the world. At Qualcomm, we are engineering human progress. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering and research and development functions and substantially all of our products and services businesses, including our QCT semiconductor business. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patents are licensed by Qualcomm Incorporated. Qualcomm, Snapdragon, Qualcomm Dragonwing and Qualcomm Dragonfly are trademarks or registered trademarks of Qualcomm Incorporated. For more information, visit www.qualcomm.com. View source version on businesswire.com: https://www.businesswire.com/news/hom...

QUALCOMM Incorporated (QCOM) is a leading global semiconductor and wireless technology company headquartered in San Diego. The company develops advanced chipsets, connectivity solutions, and intellectual property that power smartphones, automotive systems, Internet of Things (IoT) devices, PCs, networking equipment, and artificial intelligence (AI) applications. Through its Snapdragon platforms and extensive portfolio of wireless patents, Qualcomm plays a pivotal role in enabling 5G connectivity and next-generation edge computing. The company has a market cap of around $192.8 billion, making it one of the world’s largest semiconductor companies. The semiconductor and equipment giant is scheduled to release its fiscal Q3 2026 earnings results on Wednesday, July 29, 2026. Ahead of the event, analysts expect QCOM to report a profit of $1.53 per share, down 33.2% from $2.29 per share in the year-ago quarter. The company has surpassed or met Wall Street’s EPS estimates in its last four quarters. Broadcom’s Largest AI Customer Is Fleeing to MediaTek. AVGO Stock Is Still a Buy. Nasdaq Futures Plunge as Samsung Sparks Chip Selloff Mark Cuban Asks What If You Didn’t Need Health Insurance — And Hospitals Just Treated You, Then Took 10% of Your Pay? Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For the full year, analysts expect QCOM to report EPS of $7.96, down 21% from $10.07 in fiscal 2025. However, its EPS is expected to rise marginally year-over-year (YOY) to $8.01 in fiscal 2027. QCOM stock has underperformed the S&P 500 Index’s ($SPX) 20% gains over the past 52 weeks, with shares up 15% during this period. Similarly, it lagged behind the State Street Technology Select Sector SPDR ETF’s (XLK) 42.9% returns over the same time frame. QUALCOMM reported fiscal second-quarter 2026 results on Apr. 29, posting revenue of $10.6 billion, down 3% YOY, while non-GAAP EPS declined 7% YOY to $2.65. Despite the decline, earnings exceeded Wall Street’s expectations. The stock surged as much as 15.1% following the release on Apr. 30. Analysts’ consensus opinion on QCOM stock is fairly bullish, with a “Moderate Buy” rating overall. Out of 35 analysts covering the stock, 10 advise a “Strong Buy” rating, two suggest a “Moderate Buy,” 19 give a “Hold,” two advocate a “Moderate Se...

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Qualcomm (NASDAQ:QCOM) and the best and worst performers in the processors and graphics chips industry. The biggest demand drivers for processors (CPUs) and graphics chips at the moment are secular trends related to 5G and Internet of Things, autonomous driving, and high performance computing in the data center space, specifically around AI and machine learning. Like all semiconductor companies, digital chip makers exhibit a degree of cyclicality, driven by supply and demand imbalances and exposure to PC and Smartphone product cycles. The 9 processors and graphics chips stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 2.9% while next quarter’s revenue guidance was 4.2% above. Luckily, processors and graphics chips stocks have performed well with share prices up 39.1% on average since the latest earnings results. Having been at the forefront of developing the standards for cellular connectivity for over four decades, Qualcomm (NASDAQ:QCOM) is a leading innovator and a fabless manufacturer of wireless technology chips used in smartphones, autos and internet of things appliances. Qualcomm reported revenues of $10.6 billion, down 2.2% year on year. This print was in line with analysts’ expectations, but overall, it was a slower quarter for the company with revenue guidance for next quarter missing analysts’ expectations and an increase in its inventory levels. Qualcomm delivered the weakest performance against analyst estimates and weakest guidance update of the whole group. Interestingly, the stock is up 13.5% since reporting and currently trades at $177.05. Read our full report on Qualcomm here, it’s free. A global leader in its category, Lattice Semiconductor (NASDAQ:LSCC) is a semiconductor designer specializing in customer-programmable chips that enhance CPU performance for intensive tasks such as machine learning. Lattice Semiconductor reported revenues of $170.9 million, up 42.2% year on year, outperforming analysts’ expectations by 3.6%. The business had a stunning quarter with a significant improvement in its inventory levels and a beat of analysts’ EPS estimates. The market seems happy with the results as the stock is up 10.7% since reporting. It...

The companies inside this popular tech fund are sending a surprisingly one-sided signal about their earnings to come. Among the largest companies inside your Invesco NASDAQ 100 ETF (QQQM) position, 22 recently raised their core guidance for every one that cut it. While a company like Qualcomm (QCOM) lowered its EPS guidance by 24.0%, a much larger holding like Nvidia (NVDA) raised its revenue guidance by 16.7%. When you own an index fund, you own the collective story of its holdings. The question is, which story is winning out? A Lopsided Signal by Weight The real signal isn't in the simple count of companies, but in how much of your money they represent. When you weigh the recent guidance revisions by each holding's size in the fund, the picture becomes even clearer. Holdings making up 51.2% of the fund raised core guidance for revenue, earnings, or cash flow. In the other corner, holdings making up just 1.1% cut it. That's the forward-looking data point that a simple price chart or trailing P/E ratio won't show you: the companies you own are, by a very wide margin, telling investors to expect better results ahead. The Names Steering the Ship This isn't the work of just one company. The positive tilt is broad, but it's led by some of the fund's heaviest hitters. The single biggest contributor to the positive momentum was Nvidia (NVDA), at 8.1% of the fund. The primary counterweight was Qualcomm (QCOM), which represents 1.1% of the fund. But the list of companies raising their outlooks is deep, including other significant positions like Micron Technology (MU), at 5.6% of the fund, Amazon.com (AMZN), at 4.2%, and Advanced Micro Devices (AMD), at 3.8%. This breadth suggests a strengthening trend rather than a single company's standout performance. An Earnings Tailwind For A High-Flying Fund After a year in which the fund returned +29.9%, it's natural to ask what could justify its current valuation. This is where forward guidance provides a crucial piece of the puzzle. A fund's price ultimately follows the earnings of the companies it holds. While past performance is no guarantee, a broad base of holdings signaling stronger future earnings provides fundamental support. It suggests an underlying earnings momentum that can help sustain the fund's price, turning a backward-looking return into a forward-looking rationale. For an owner of QQQM, this is the key takea...

NEW YORK, June 25, 2026 /PRNewswire/ -- Fred Alger Management, LLC ("Alger"), a privately held growth equity investment manager, today announced the quarterly rebalancing of the Alger Russell Innovation Index ("Index"). Following the close of trading on Friday, June 26, 2026, the Index will be rebalanced, and the following changes will be effective. For additional information, please visit www.lseg.com. Unlock Your Growth Potential with AlgerFounded in 1964, Alger is recognized as a pioneer of growth-style investment management. Privately-owned and headquartered in New York City, Alger can help "Unlock Your Growth Potential" through a suite of growth equity separate accounts, mutual funds, ETFs, and privately offered investment vehicles. Alger's investment philosophy, discovering companies undergoing Positive Dynamic Change, has been in place for more than 60 years. For more information, please visit www.alger.com. Risk Disclosures: Investing in the stock market involves risks, including the potential loss of principal. Growth stocks may be more volatile than other stocks as their prices tend to be higher in relation to their companies' earnings and may be more sensitive to market, political, and economic developments. This material is not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities. Alger pays compensation to third party marketers to sell various strategies to prospective investors. London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). © LSE Group 2026. FTSE Russell is a trading name of certain of the LSE Group companies. "FTSE®" "Russell®", "FTSE Russell®" are trade marks of the relevant LSE Group companies and are used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company's express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication. View original content to download multimedia:https://www.prnewswire.com/news...

What happened: Memory and storage stocks rallied on Thursday. Shares of Sandisk (SNDK) and Western Digital (WDC) gained 21% and 4%, respectively, while chipmaker Qualcomm (QCOM) and machine manufacturer Applied Materials (AMAT) also rose. What's behind the move: The iShares Semiconductor ETF (SOXX) ticked up by more than 3% after Micron Technology's (MU) blowout quarterly results reinforced the narrative that capital spending on artificial intelligence continues to accelerate. That helped lift sentiment, "suggesting investors remain willing to look through short-term volatility as long as the earnings outlook continues to justify elevated valuations," Capital.com senior market analyst Daniela Hathorn said. Meanwhile, AI chip heavyweight Nvidia (NVDA) slipped after rival Qualcomm forecast $15 billion in new data center revenue as it heavily broadens beyond smartphones. What else you need to know: Memory has been a major bottleneck in the artificial intelligence trade, with Micron leading the semiconductor complex. Last month, Micron Technology, Samsung Electronics (005930.KS), and SK Hynix (000660.KS) all made headlines as they reached $1 trillion valuations for the first time. Stocks across the semiconductor complex have been driving the overall tech sector (XLK) up 27% year-to-date and a whopping 43% since the March 30 lows. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre.

Micron Technology stock was up 18% in premarket trading on Thursday after the chipmaker's fiscal third-quarter results cleared analysts' targets on nearly every key measure, with the company projecting that the memory-chip shortage will persist past 2027. Broader markets caught a lift from the news. Dow Jones Industrial Average futures added 116 points, or 0.2%, while S&P 500 futures gained 0.7% and Nasdaq 100 futures jumped 2.1%. The rally spread across the semiconductor sector. An upward revision to Qualcomm's non-handset revenue outlook for fiscal 2029 pushed its shares 10% higher. Among other chipmakers, Sandisk and Western Digital climbed at least 12% apiece, while equipment makers Lam Research, KLA, and Applied Materials were also swept up in the advance. Memory peers outside the U.S. followed suit. Micron's two largest global memory rivals also advanced, with Samsung Electronics adding 5% on the Korean exchange and SK Hynix surging 13% in overseas markets. In Asia, the Kospi in South Korea topped regional indexes with a 5.42% jump, and Tokyo's Nikkei 225 climbed 4.61%. Across the Atlantic, European semiconductor names including ASMI, Be Semiconductor, and Soitec moved higher, helping push the pan-European Stoxx 600 up 0.61%. Oil's continued slide offered markets an additional tailwind. Brent crude futures have retreated to just a fraction above their price at the outset of the Middle East conflict. Wall Street's focus on Thursday morning will also include the May PCE price index — the inflation measure the Federal Reserve watches most closely — with forecasts calling for a 4.1% annual rise and a 0.5% gain from the prior month. The core version of the index, which excludes food and energy, is seen climbing 3.4% from a year earlier and 0.3% from April — figures that would mark an acceleration from the prior month's 3.3% annual and 0.2% monthly readings. Ahead of the data release, the 10-year Treasury note was yielding 4.414%, having ticked up by a single basis point. Thursday's data calendar also includes a revised GDP estimate for the first quarter, along with May personal income figures, a preliminary durable goods report, and jobless claims covering the week through June 20.

US equity markets were pointing higher before the opening bell Thursday as traders parse Micron Tech

Investing.com - Micron Technology Inc (NASDAQ:MU) delivered the strongest quarterly results in its history after Wednesday's close, posting fiscal third-quarter 2026 revenue of $41.46 billion against a Wall Street consensus of $35.69 billion, a 16.2% beat, and earnings per share of $25.11 versus the $20.49 estimate, a 22.6% upside surprise. The print sent Micron shares up roughly 12.6% in extended trade to around $1,180.97, recovering from a regular-session close of $1,047.20. The ripple effect across the semiconductor space was immediate and broad. SanDisk Corporation (NASDAQ:SNDK) jumped approximately 10.2% after hours to around $2,110, Western Digital Corporation (NASDAQ:WDC) climbed a similar 10.2% to $709.15, and Qualcomm Incorporated (NASDAQ:QCOM) surged roughly 12.7% to $222.44. Advanced Micro Devices Inc (NASDAQ:AMD) gained about 3.4% to approximately $537.51, while Intel Corporation (NASDAQ:INTC) rose a similar 3.4% to around $136.12. Even Nvidia, the sector's largest name by market capitalization at nearly $4.8 trillion, ticked up roughly 0.5% to about $200.08. The iShares Semiconductor ETF (SOXX) gained approximately 4.1% in after-hours trade to around $625.94, after ending the regular session down 0.31% at $601.50. The blowout report arrived at a particularly fraught moment for the memory-chip trade. On Tuesday, chip stocks broadly retreated from record highs on concerns about AI spending, with SanDisk falling 12.4% and Western Digital losing 8.4% in a brutal sector-wide selloff. Micron itself had plunged 13.2% that session. Wednesday's regular session offered little immediate relief, as Micron closed down another 0.44% before the earnings release changed the narrative entirely. The scale of Micron's beat reflects a near-quadrupling of revenue year-over-year, driven by a memory supply crunch that has sent prices sharply higher amid relentless AI data-center buildout. That same dynamic has powered an extraordinary re-rating of the stock: Micron's 52-week range spans $103.38 to $1,213.56, and the stock had surged roughly 700% over the prior year before Wednesday's session. SanDisk's after-hours price of around $2,110 implies a gain of roughly 3,952% from its 52-week low of $40.10, the most extreme run in the memory-chip cohort. For investors who weathered this week's volatility, Wednesday's print reads as a high-stakes vindication of the AI memory...

The companies inside this popular semiconductor fund are signaling a clear direction for their earnings, and it's worth paying attention. The VanEck Semiconductor ETF (SMH) has returned a notable +138% over the past year, a figure that grabs your attention. But price is a trailing indicator. When you own an index fund like this, you own the collective earnings power of its underlying companies. The more vital question for any investor is what those companies are signaling about the next chapter, not the last one. A Lopsided View Of The Future Looking inside SMH, the forward-looking signals are tilted decisively in one direction. Among the fund’s largest holdings that have recently reported, companies making up 71.4% of the fund’s weight raised their forward guidance. To put that in perspective, positions accounting for just 5.3% of the fund cut their outlook. The story is just as clear when you count the companies one by one: 17 of the largest holdings guided higher, while only 2 guided lower. This isn't a mixed signal; it's a broad-based statement of confidence from the businesses you own through the fund. The Heavyweights Setting The Tone This positive tilt isn't coming from the fund's smaller players. The single biggest position to raise its outlook was Nvidia (NVDA), which makes up 14.2% of the fund and raised its revenue guidance by 16.7%. The optimism is also spread across other heavyweights, with Micron Technology (MU), Intel (INTC), and Advanced Micro Devices (AMD) also raising their forward guidance. On the other side of the ledger, the largest holding to issue a cut was Qualcomm (QCOM). At 4.2% of the fund, it lowered its EPS guidance by 24.0%. The key takeaway is that the weight of the companies raising their forecasts is substantially larger than the weight of those trimming them. What This Signal Means For The Price You Paid A company's guidance is its own forecast for its business, and these revisions often lead reported earnings. For you as an owner of SMH, this broad wave of positive revisions provides fundamental support for the fund's recent performance. It suggests that the underlying earnings momentum is improving, which can help justify the fund's valuation. Because the ten largest holdings make up 71.1% of the fund, positive signals from the top of the roster have a significant impact on the fund's overall earnings trajectory. The essen...

Despite the stock's significant appreciation, the most compelling upside lies not in near-term earnings but in the long-term visibility the company is building today. After a +53% run over the past year, you might be wondering what could possibly be left in the tank for Broadcom (AVGO). The stock isn't a secret, and the AI story is well known. But the most powerful driver for the next phase of growth extends beyond the strong demand everyone sees today. It lies in how that demand is translating into something exceedingly rare in the chip industry: a multi-year, locked-in view of the future. A Signal Of Insatiable Demand Let’s start with the present, because the numbers are noteworthy. In its most recent quarter, Broadcom’s AI semiconductor revenue hit a record $10.8 billion. That’s impressive on its own. But here’s the figure that changes the game: during that same period, the company took in bookings for AI semiconductors of “over $30 billion.” Think about that. For every dollar of AI chips it shipped, it booked more for the future. This isn't a gentle updraft; it's a clear signal that demand from its core customers is simply outrunning its current ability to supply it, creating a formidable pipeline of future business. How Far Out Can This Trajectory Really Go? This is where the skeptic in you should pipe up. A substantial order book is great, but in the notoriously cyclical semiconductor world, backlogs can vanish. And with so much of this growth tied to just 6 core customers, isn't there a huge concentration risk? It’s a fair question. But management is painting a picture of unusual stability. Just three months ago, the company’s visibility ran into 2027. Today? The CEO states, “Our visibility runs all the way to 2028 right now.” This isn't typical quarterly guidance. It’s a strategic view built on long-term agreements with partners like Google, Meta, and OpenAI who are planning their AI infrastructure years in advance. They need to secure power and data centers, which forces them to lock in their chip orders far earlier than ever before. The $100 Billion AI Target Is Now The Baseline This long-range visibility gives Broadcom the confidence to put a number on the future that redefines the company's scale. Management has reiterated its guidance for AI semiconductor revenue to be “in excess of $100 billion." For context, the company’s total revenue over th...

US stock futures were mostly trending higher on Wednesday as markets looked to recover from the prev