RPT-Trump's Huawei ban raises hopes for Chinese chip suppliers [Reuters]
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
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Source: Reuters
RPT-Trump's Huawei ban raises hopes for Chinese chip suppliers - Reuters 4 Min Read (Repeats for Asian morning readership. Widens distribution. No change to text.) By Samuel Shen and Josh Horwitz SHANGHAI, May 21 (Reuters) - Washington’s blacklisting of technology giant Huawei has taken a toll on U.S. semiconductor shares, but China-listed firms have rallied as investors bet they can gain from Beijing’s stepped-up efforts to build a homegrown supply chain. Share price gains of little-known firms such as Shenzhen Fastprint Circuit Tech and Jiangsu Changjiang Electronics Technology could be fleeting, analysts say, but Huawei’s troubles could accelerate a long-term campaign in China to replace imported technologies. Since the White House added Huawei Technologies Co Ltd to a trade blacklist last week, several global companies have suspended business with the world’s largest telecoms equipment maker. Citic Securities called the U.S. ban on Huawei “a warning bell” for China’s chip industry
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QCOM
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QCOM
Earnings
- 11/6/24 - Beat
QCOM
Sec Filings
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- QCOM's page on the SEC website