So far this year, the NASDAQ 100 Index is up more than 21%. Many semiconductor stocks have done even better. QUALCOMM, Inc. (NASDAQ:QCOM) isn’t one of them. Very surprisingly, QCOM stock is down nearly 19%. Source: Qualcomm Meanwhile, NVIDIA Corporation ...
Finance Yahoo · 10mon
Qualcomm (NASDAQ: QCOM) investors heaved a sigh of relief after the company beat Wall Street expectations quite comfortably during the recently reported fourth quarter. The chipmaker has been down so far in 2017, losing over 15% of its market capitalization.
Under terms of the new offer, Broadcom would pay $82 per share. Qualcomm’s stock closed Friday at $66.07 per share, up from as low as $51.01, where it sat just before word of Broadcom’s interest leaked last fall. Indeed, Broadcomm noted that the offer ...
VentureBeat · 4mon
Dear F.L.: Qualcomm (QCOM-$51) and Apple (AAPL-$154) remind me of two kids arguing over who owns the football. In late January, AAPL sued QCOM for $1 billion, claiming that QCOM has been charging royalties for technologies that QCOM never developed and ...
The Columbian · 8mon
Qualcomm Inc. said it has received a buyout offer from Broadcom Ltd. of $70 a share in cash and stock. The proposed deal, valued at about $105 billion, would be the largest in semiconductor industry and is sure to draw regulatory scrutiny. There has ...
It has been a tough year for Qualcomm, Inc. (NASDAQ:QCOM). After plunging in January, QCOM stock continues to struggle. Trading near $52, shares are about $1 above its 52-week lows and are down about 20% on the year. Still, it’s not time to go long.
(Reuters) - Qualcomm Inc (QCOM.O), the U.S. chipmaker fending off a hostile bid by Broadcom Ltd (AVGO.O), raised its profit forecast on Tuesday and said it might use funds to buy back stock if its $38 billion bid to acquire NXP Semiconductors NV (NXPI.O ...
Reuters · 5mon
(Reuters) — Qualcomm’s shares fell 3 percent on Monday after two brokerages said Apple might drop the chipmaker in favor of Intel as the supplier for modem chips in its next generation of iPhones. Qualcomm has been a supplier of components to Apple for ...
VentureBeat · 4mon
Broadcom Ltd. reportedly is mulling over a bid to acquire rival chip maker Qualcomm Inc., a deal that could top $100 billion and be the largest in the semiconductor industry. The stock of San Diego-based Qualcomm shot up more than 15% at one point during ...
(Reuters) - Qualcomm Inc (QCOM.O), the U.S. chipmaker fending off a hostile bid by Broadcom Ltd (AVGO.O), raised its profit forecast on Tuesday and said it might use funds to buy back stock if its $38 billion bid to acquire NXP Semiconductors NV (NXPI.O ...
Reuters · 5mon