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Stockreport

Qualcomm Says ‘Strategy Is Working' After Forecast Disappoints [Yahoo! Finance Canada]

Intel Corporation (INTC)  More Company Research Source: Yahoo! Finance Canada
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Most Read from Bloomberg “Our strategy is working,” he said Wednesday during a Bloomberg Television interview. “We've executed on what we said we were going to do.” The remarks followed an investor presentation Tuesday where the chipmaker laid out growth targets for new product categories. Qualcomm, the world's biggest seller of smartphone processors, has been pushing deeper into automotive parts and chips for connected devices. That's included a bid to sell processors for personal computers — an area long dominated by Intel Corp. Qualcomm is expecting these new areas to generate an additional $22 billion in annual revenue by fiscal 2029. But the presentation failed to impress investors, who sent the shares down as much as 6.5% to $154 on Wednesday. That was the biggest intraday drop in more than two months. In the interview, Amon said that sales of Qualcomm's PC chips are “exceeding expectations.” The CEO, who took the reins in 2021, is counting on that segment to generate $ [Read more]
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Stockreport

Qualcomm Says ‘Strategy Is Working' After Forecast Disappoints [Yahoo! Finance Canada]

Intel Corporation  (INTC) 
More Company Research Source: Yahoo! Finance Canada
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Most Read from Bloomberg “Our strategy is working,” he said Wednesday during a Bloomberg Television interview. “We've executed on what we said we were going to do.” The remarks followed an investor presentation Tuesday where the chipmaker laid out growth targets for new product categories. Qualcomm, the world's biggest seller of smartphone processors, has been pushing deeper into automotive parts and chips for connected devices. That's included a bid to sell processors for personal computers — an area long dominated by Intel Corp. Qualcomm is expecting these new areas to generate an additional $22 billion in annual revenue by fiscal 2029. But the presentation failed to impress investors, who sent the shares down as much as 6.5% to $154 on Wednesday. That was the biggest intraday drop in more than two months. In the interview, Amon said that sales of Qualcomm's PC chips are “exceeding expectations.” The CEO, who took the reins in 2021, is counting on that segment to generate $ [Read more]
IMPACT SNAPSHOT
EVENT TIME:
INTC
Last Price
Price Change
Price Change %
Volume Shares
Max Up
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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MAX UP
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Low:
MAX DOWN
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%
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%
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PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS