QCOM
Qualcomm
Market cap$185B
Updated - ago
Qualcomm shares rose 5.75% to $160.91, experiencing a technical recovery after dropping significantly following its November 4 fiscal fourth-quarter earnings report.1 Investors weighed weak forward guidance and a drop in handset revenue against ongoing automotive and data-center growth.2 3
Qualcomm Incorporated is a multinational semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company has become a global leader in mobile technology and wireless communications, best known for designing and licensing 3G, 4G, and 5G telecommunications standards and chipsets. Qualcomm operates primarily through two business segments: Qualcomm CDMA Technologies, which designs semiconductors and software for mobile devices, and Qualcomm Technology Licensing, which generates revenue by licensing its extensive patent portfolio to manufacturers worldwide. The company's Snapdragon processors power billions of smartphones and mobile devices globally, making it a critical infrastructure provider in the consumer electronics and telecommunications industries. Qualcomm also maintains significant involvement in automotive technology, Internet of Things devices, and RF semiconductor components. As a publicly traded company on the NASDAQ exchange under the ticker QCOM, Qualcomm plays a foundational role in enabling wireless connectivity standards and maintaining technological advancement in mobile communications infrastructure.