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Stockreport

Qualcomm stock falls after new autos, PC targets fail to wow investors [Yahoo! Finance Canada]

QUALCOMM Incorporated (QCOM)  More Company Research Source: Yahoo! Finance Canada
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Qualcomm ( QCOM ) stock fell as much as 6% on Wednesday, a day after the company provided new financial targets for its non-smartphone business at its first Investor Day in three years. Qualcomm, which gets the majority of its revenue from both designing and licensing handset chips, has been expanding into semiconductors that go into cars, personal computers and other devices. The company now expects those businesses to generate a combined $22 billion in sales by 2029. Eight billion dollars of that will come from Qualcomm's automotive segment, where it already has partnerships with the likes of BMW to increase computing functionality in vehicles and push toward more autonomous driving. Qualcomm forecast that $14 billion will come from its Internet of Things segment, which includes extended reality devices and industrial functions. It also includes PCs, expected to account for $4 billion. The company's Snapdragon X Elite chips power Microsoft's latest generation Surface laptop [Read more]
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Stockreport

Qualcomm stock falls after new autos, PC targets fail to wow investors [Yahoo! Finance Canada]

QUALCOMM Incorporated  (QCOM) 
More Company Research Source: Yahoo! Finance Canada
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Qualcomm ( QCOM ) stock fell as much as 6% on Wednesday, a day after the company provided new financial targets for its non-smartphone business at its first Investor Day in three years. Qualcomm, which gets the majority of its revenue from both designing and licensing handset chips, has been expanding into semiconductors that go into cars, personal computers and other devices. The company now expects those businesses to generate a combined $22 billion in sales by 2029. Eight billion dollars of that will come from Qualcomm's automotive segment, where it already has partnerships with the likes of BMW to increase computing functionality in vehicles and push toward more autonomous driving. Qualcomm forecast that $14 billion will come from its Internet of Things segment, which includes extended reality devices and industrial functions. It also includes PCs, expected to account for $4 billion. The company's Snapdragon X Elite chips power Microsoft's latest generation Surface laptop [Read more]
IMPACT SNAPSHOT
EVENT TIME:
QCOM
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
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
VWAP
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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