UPDATE 2-Samsung plans $116 bln investment in non-memory chips to challenge TSMC, Qualcomm [Reuters]
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
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Source: Reuters
Samsung plans $116 billion investment in non-memory chips to challenge TSMC, Qualcomm - Reuters 4 Min Read SEOUL (Reuters) - Samsung Electronics Co Ltd plans to invest $116 billion in non-memory chips through 2030, to cut its reliance on the volatile memory chip market and develop chips to power self-driving cars and AI-enabled devices. The plan underscores the South Korean firm’s ambition to challenge bigger rivals - Taiwan’s TSMC in contract chip manufacturing and San Diego-based Qualcomm Inc in mobile processing chips - as the memory chip market contracts sharply after years of an unprecedented boom. Global semiconductor makers are in a race to produce powerful chips to support new technologies such as fifth-generation (5G) mobile networks, connected cars and artificial intelligence (AI). In March, U.S. chip supplier Nvidia Corp agreed to buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion, beating rival Intel Corp in a deal that would help Nvidia boost its data ce
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News
- QUALCOMM Incorporated (NASDAQ: QCOM) is now covered by analysts at Evercore ISI. They set an "in-line" rating and a $177.00 price target on the stock.MarketBeat
- Qualcomm (QCOM) Is Considered a Good Investment by Brokers: Is That True? [Yahoo! Finance]Yahoo! Finance
- QUALCOMM Incorporated (NASDAQ: QCOM) had its price target raised by analysts at Susquehanna from $175.00 to $205.00. They now have a "positive" rating on the stock.MarketBeat
- Fibocom to Unveil a Series of Linux-based Edge AI Solutions Mastering the Peak Performance for Industrial Applications Powered by Qualcomm Technologies at Embedded World 2024 [Yahoo! Finance]Yahoo! Finance
- Qualcomm (QCOM) Laps the Stock Market: Here's Why [Yahoo! Finance]Yahoo! Finance
QCOM
Earnings
- 1/31/24 - Beat
QCOM
Sec Filings
- 4/4/24 - Form 4
- 4/4/24 - Form 144
- 4/2/24 - Form 4
- QCOM's page on the SEC website