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Qualcomm (QCOM) Stock News, Nov 2024-Apr 2025

QCOM NASDAQ

Qualcomm Incorporated reports developments across wireless technology licensing, semiconductor products and connected computing platforms. The company includes the QTL licensing business and a large patent portfolio, while Qualcomm Technologies operates substantially all engineering, research and development, and product and services businesses, including the QCT semiconductor business.

News about Qualcomm commonly covers quarterly earnings, GAAP and non-GAAP results, Snapdragon platforms, Qualcomm Dragonwing products, automotive and Internet of Things chip markets, and wireless standards work such as 6G development. Corporate updates also include dividend declarations, share-repurchase authorizations and stockholder communications involving its common stock.

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Qualcomm (NASDAQ: QCOM) has declared its quarterly cash dividend of $0.89 per common share. The dividend will be distributed to stockholders of record as of June 5, 2025, with the payment scheduled for June 26, 2025.

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Qualcomm (NASDAQ: QCOM) has announced the schedule for its second quarter fiscal 2025 earnings release and conference call. The company will release its financial results on Wednesday, April 30, 2025, after market close, through its Investor Relations website and SEC Form 8-K filing.

The earnings conference call will be broadcast live on the same day at 1:45 p.m. Pacific Time. An audio replay will be available on the company's website and via telephone for 30 days following the live call. U.S. callers can access the replay at (877) 660-6853, while international callers can dial (201) 612-7415, using reservation number 13752782.

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Qualcomm (NASDAQ: QCOM) has announced a dividend increase, raising its quarterly cash dividend from $0.85 to $0.89 per share of common stock. The enhanced dividend will take effect for quarterly payments after March 27, 2025, bringing the annualized dividend payout to $3.56 per share.

CEO Cristiano Amon emphasized the company's commitment to returning capital to stockholders through a balanced approach, including anti-dilutive stock repurchases and a target of low- to mid-single-digit percentage growth in annualized dividends, aligned with their long-term growth expectations presented at their 2024 Investor Day.

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Qualcomm (NASDAQ: QCOM) has announced the release of its first quarter fiscal 2025 financial results, which are now available on the company's Investor Relations website. The earnings release will be submitted to the SEC via Form 8-K.

The company will host a conference call to discuss these results on February 5, 2025, at 1:45 p.m. Pacific Time. An audio replay will be available on the website and via telephone for 30 days after the live call, accessible to U.S. callers at (877) 660-6853 and international callers at (201) 612-7415 using reservation number 13750899.

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Qualcomm (NASDAQ: QCOM) has announced the schedule for its first quarter fiscal 2025 earnings release. The company will publish its financial results on Wednesday, February 5, 2025, after market close on their Investor Relations website. The earnings release will also be filed with the SEC via Form 8-K.

A conference call to discuss the Q1 FY2025 results will be held on the same day at 1:45 p.m. Pacific Time. An audio replay will be available on the company's website and via telephone for 30 days following the live call. U.S. callers can access the replay at (877) 660-6853, while international callers can dial (201) 612-7415, using reservation number 13750899.

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Qualcomm (NASDAQ: QCOM) has declared its quarterly cash dividend of $0.85 per common share. The dividend will be paid on March 27, 2025, to shareholders who are recorded as stockholders at the close of business on March 6, 2025.

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Qualcomm (NASDAQ: QCOM) has announced leadership changes with Dr. Baaziz Achour appointed as Chief Technology Officer, effective February 3, 2025, succeeding Dr. James Thompson who will retire after 33 years with the company. Dr. Achour, currently serving as Deputy CTO, will lead Qualcomm's R&D and engineering organizations, overseeing technology strategy and execution.

Dr. Achour joined Qualcomm in 1993 as a Systems Engineer and has been instrumental in developing multiple generations of wireless technology, including the accelerated launch of 5G. He holds 24 U.S. patents in wireless communications and will lead the evolution towards 6G technology. Dr. Achour has a B.S. in Physics from the University of Algiers and master's and doctorate degrees in Electrical Engineering from Tufts University.

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Qualcomm Technologies' senior director of AI product management, Dr. Chirag Patel, shares insights into his 18-year journey at the company and his transition from wireless to AI technology. With over 750 patents granted globally, Patel leads the generative AI technology portfolio, focusing on bringing AI concepts to market. His work includes developing the AI Model Efficiency Toolkit (AIMET) and launching several world-first edge, on-device generative AI demonstrations. Patel emphasizes the growing impact of AI across smartphones, automotive, IoT, and various industries, highlighting Qualcomm's role in advancing edge AI technology.

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Qualcomm Technologies and Honeywell announced an expanded collaboration to develop AI-powered solutions for the energy sector. Honeywell will integrate Qualcomm's connectivity and AI technologies into applications like the Field Process Knowledge System (PKS). The partnership combines Qualcomm's low-power AI processors and wireless connectivity with Honeywell's sensing technologies to create industrial sensors for monitoring various parameters.

The collaboration aims to enable faster data capture, enhanced analytics at the edge, and improved field technician efficiency. In 2025, Honeywell plans to add Computer Vision capabilities to their Field PKS through the Multi-Modal Intelligent Agent powered by Qualcomm Technologies.

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Qualcomm (NASDAQ: QCOM) unveiled ambitious growth targets at its 2024 Investor Day, highlighting an expanded Total Addressable Market (TAM) of approximately $900 billion by 2030. The company expects over 50 billion connected edge device shipments from 2024 through 2030.

The company announced specific five-year financial targets for its QCT business, including: Automotive and IoT combined revenues of $22 billion by FY29, with Automotive reaching $8 billion, IoT $14 billion, PC $4 billion, Industrial $4 billion, XR over $2 billion, and Rest of IoT $4 billion by FY29.

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FAQ

What is the current stock price of Qualcomm (QCOM)?

Qualcomm (QCOM) last closed at $176.57.

What is the market cap of Qualcomm (QCOM)?

The market cap of Qualcomm (QCOM) is approximately $188.9B.