Qualcomm

QCOM

Market cap $143B

Qualcomm (NASDAQ: QCOM | QCOM Price Prediction) has retreated over the first four months of 2026 to $133.05.

Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) stock is facing fresh Wall Street pressure after JPMorgan analyst Samik Chatterjee downgraded the chipmaker to Neutral from Overweight, cutting his price target to $140 from $185.

Industry headwinds are weighing on the company's growth.

Wayve raised $60 million from Qualcomm, AMD and Arm. The British startup now has major semiconductor names, including Nvidia, as shareholders.

SAN DIEGO--(BUSINESS WIRE)--Qualcomm Incorporated (NASDAQ: QCOM) today announced that it will publish the Company's financial results for its second quarter of fiscal 2026 on Wednesday, April 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.se.

QCOM deepens its automotive push by expanding its Bosch partnership into ADAS, deploying Snapdragon Digital Chassis for smarter, software-defined vehicles.

Qualcomm (QCOM) reached $131.25 at the closing of the latest trading day, reflecting a +2.49% change compared to its last close.

Qualcomm hasn't been in the thick of the artificial intelligence race so far, but that could be changing soon. Oracle will be spending heavily on AI infrastructure in the foreseeable future.

Qualcomm is still best known for its smartphone components, but its growth story is spreading across PCs, cars, robotics, and industrial AI. Running AI workloads on local devices rather than in the cloud means faster response times, stronger privacy, and lower costs.

Intel and Qualcomm ramp up AI chip strategies, deepening partnerships and expanding portfolios as competition intensifies across key semiconductor markets.