Qualcomm, a Publicly Owned company headquartered in the US, was founded in 1985 and employs approximately 45,440 individuals. The company specializes in connectivity infrastructure, creating semiconductors, software, and services related to wireless technology.
On April 25, 2026, Qualcomm (QCOM) shares climbed 11.12% to finish at $148.85, ahead of its Q2 fiscal 2026 earnings report scheduled for April 29. For the quarter, the company projects revenue between $10.2 billion and $11 billion. Qualcomm previously authorized a $20 billion stock repurchase program and increased its quarterly payout to $0.92 per share. The worldwide semiconductor market reached $88.8 billion in February, representing 61.8% annual growth, while Wall Street maintains a Hold consensus with a $158.25 mean target price for the stock. Earlier the same day, the company's "tier-based approach" for Windows notebook market position was highlighted, with the introduction of its next-generation chipsets for laptops, including the Snapdragon X2 Elite Extreme, Snapdragon X2 Elite, and Snapdragon X2 Plus. This followed an April 25 preview emphasizing AI optionality for the Q2 earnings, referencing the October 2025 announcement of AI200 and AI250 rack-scale systems and a HUMAIN partnership. Also on April 25, discussions highlighted that flagship Android hardware, featuring Snapdragon 8 Gen 2 chips with Neural Processing Units and 12-16GB RAM, supports running local LLMs.
Qualcomm offers 2 products in the telecoms tech and media tech industries. Qualcomm's product portfolio comprises of broadband and VAS software and connectivity infrastructure.
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Qualcomm's customers primarily consist of consumer electronics, telecoms and semiconductor Manufacturing companies. Examples of Qualcomm's customers include EE, Apple and TSMC. Qualcomm has commercial and technical partners like Jio, Viettel and Mercedes-Benz. Examples of Qualcomm's suppliers include Adobe, Qualtrics and Ant Media.
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