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Qualcomm

News

Reuters - 4 days ago

China's Transsion sued by Qualcomm and Philips as IP woes mount - FT

MEDIA-China's Transsion sued by Qualcomm and Philips as IP woes mount - FT -- Source link: https://tinyurl.com/253c6vbx -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Reuters - 4 days ago

Intel on track for cumulative software sales of $1 billion by end 2027, exec says

Intel on track for cumulative software sales of $1 billion by end 2027, exec says By Fanny Potkin SINGAPORE, July 12 (Reuters) - Intel's INTC.O push into software is going well and the company could have cumulative software revenue of $1 billion by the end of 2027, Chief Technology Officer Greg Lavender told Reuters. Intel made north of $100 million in software revenue in 2021, the year Lavender was brought in from cloud computing company VMware by CEO Pat Gelsinger to steer the chipmaker's soft
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Reuters - 6 days ago

U.S. Nvidia, Qualcomm, Tesla

U.S. RESEARCH ROUNDUP-Nvidia, Qualcomm, Tesla July 10 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Nvidia, Qualcomm and Tesla, on Wednesday. HIGHLIGHTS * Brighthouse Financial Inc BHF.O : Jefferies raises to buy from hold * Legalzoom.Com Inc LZ.O : JP Morgan cuts to neutral from overweight * Nvidia Corp NVDA.O : KeyBanc raises target price to $180 * Qualcomm Inc QCOM.O : KeyBanc raises target price to $225 * Tesla
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Reuters - 1 week ago

AI and Windows 11 drive sustained recovery in global PC market

LIVE MARKETS-AI and Windows 11 drive sustained recovery in global PC market Man indexes mixed; S&P 500, Nasdaq modestly higher, Dow dips Comm Svcs leads S&P 500 sector gainers; Materials weakest group Euro STOXX 600 index down ~1.0% Dollar gains; crude turns red; bitcoin up >1%; gold slips U.S. 10-Year Treasury yield rises to ~4.33% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Reuters - 1 week ago

U.S. STOCKS Gold miners, Nikola, Cruise stocks

BUZZ-U.S. STOCKS ON THE MOVE-Gold miners, Nikola, Cruise stocks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Chip stocks boosted the Nasdaq on Monday, while the S&P 500 and the Dow edged lower as investors awaited a key inflation reading, commentary from Federal Reserve Chair Jerome Powell and the start of corporate earnings season for monetary policy cues.
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Reuters - 1 week ago

Chips lift Nasdaq to record high; inflation numbers, earnings in focus

US STOCKS-Chips lift Nasdaq to record high; inflation numbers, earnings in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Boeing rises after plea deal in 737 MAX probe Paramount Global slips after Skydance merger deal Powell Congressional testimony on Tuesday and Wednesday Indexes: Dow down 0.21%, S&P down 0.05%, Nasdaq up 0.16% Updated at 12:16 p.m.
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Reuters - 1 week ago

U.S. STOCKS Ally Financial, Ideaya Biosciences, Brinker

BUZZ-U.S. STOCKS ON THE MOVE-Ally Financial, Ideaya Biosciences, Brinker Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report, Congressional testimony from Federal Reserve Chair Jerome Powell and the start of earnings season this week.
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Reuters - 1 week ago

Chip stocks boost Nasdaq; Nvidia leads gains

BUZZ-Chip stocks boost Nasdaq; Nvidia leads gains ** Gains in shares of chipmakers power Nasdaq .IXIC ; largest chipmaker Nvidia NVDA.O up 1.7% ** UBS hikes Nvidia's PT to $150 from $120, says demand momentum for AI chip Blackwell rack-scale systems remains exceedingly robust ** NVDA stock down nearly 9.2% since June 20 ** Super Micro SMXI.O , whic
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Reuters - 1 week ago

S&P 500, Nasdaq notch record highs with inflation data, earnings in focus

US STOCKS-S&P 500, Nasdaq notch record highs with inflation data, earnings in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Boeing rises after plea deal in 737 MAX probe Powell Congressional testimony on Tuesday and Wednesday Indexes up: Dow 0.70%, S&P 0.24%, Nasdaq 0.12% Updated at 9:48 a.m.
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Reuters - 2 weeks ago

AMD, Intel lift chip index amid broader tech rally

BUZZ-AMD, Intel lift chip index amid broader tech rally ** Philadelphia Semiconductor Index .SOX rises as much as 0.9% to a two-week high ** Tech-related stocks rise in broad rally after softer U.S. jobs data boosts expectations for Federal Reserve rate cut in September .N ** Shares of Advanced Micro Devices AMD.O jump 5%, on pace for best day since February ** Intel Corp INTC.O leaps 2% to highest in over one month, Qualcomm Inc QCOM.O up 0.8%, GlobalFoundries GFS.O gains 3.7% ** U.S.
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Reuters - 2 weeks ago

Chinese AI firms showcase resilience, innovations at AI event despite US sanctions

REFILE-Chinese AI firms showcase resilience, innovations at AI event despite US sanctions Refiles to fix dateline SHANGHAI, July 5 (Reuters) - Chinese tech companies, from industry giants to ambitious startups, converged at the World AI Conference in Shanghai this week to showcase their latest innovations and express strong support for the country's artificial intelligence sector even as it faces U.S.
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Reuters - 2 weeks ago

Sustainable Switch: Hurricane Beryl barrels across the Caribbean

Sustainable Switch: Hurricane Beryl barrels across the Caribbean By Sharon Kimathi Energy and ESG Editor, Reuters Digital sharon.kimathi@thomsonreuters.com Hello, Today’s newsletter focuses on the devastating hurricane wreaking havoc across the Caribbean. Hurricane Beryl thrashed Jamaica with heavy winds and rain, killing at least one person after forging a destructive, water-soaked path across smaller Caribbean islands over the past couple of days.
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Reuters - 2 weeks ago

Biden revoked 8 licenses for China's Huawei in 2024, document shows

UPDATE 1-Biden revoked 8 licenses for China's Huawei in 2024, document shows Adds McCaul's office confirmation of receipt By Alexandra Alper WASHINGTON, July 2 (Reuters) - The Biden administration has revoked eight licenses this year that had allowed some companies to ship goods to Chinese telecoms equipment giant Huawei, according to a document first reported by Reuters, as it seeks to pressure the resurgent company.
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Reuters - 2 weeks ago

Biden revoked 8 licenses for China's Huawei in 2024, document shows

Biden revoked 8 licenses for China's Huawei in 2024, document shows By Alexandra Alper WASHINGTON, July 2 (Reuters) - The Biden administration has revoked eight licenses this year that had allowed some companies to ship goods to Chinese telecoms equipment giant Huawei, according to a document seen by Reuters, as it seeks to pressure the resurgent company.
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Reuters - 3 weeks ago

U.S. STOCKS Infinera, Landbridge, Tempus AI

BUZZ-U.S. STOCKS ON THE MOVE-Infinera, Landbridge, Tempus AI Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq and the S&P 500 touched record highs on Friday after an in-line inflation report strengthened hopes for interest rate cuts in September, while Nike was set for its steepest one-day fall in over two decades after a gloomy forecast.
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Reuters - 3 weeks ago

S&P 500, Nasdaq hit all-time highs; Nike slides after bleak forecast

US STOCKS-S&P 500, Nasdaq hit all-time highs; Nike slides after bleak forecast For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Traders add to Fed rate cut bets as inflation eases Nike slumps after results Infinera jumps after Nokia to buy company Indexes up: Dow 0.16%, S&P 0.27%, Nasdaq 0.31% Updated at 11:56 a.m.
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Reuters - 3 weeks ago

Qualcomm shares lead tech pct gains; Bernstein raises price target

BUZZ-Qualcomm shares lead tech pct gains; Bernstein raises price target ** Shares in chip developer Qualcomm Inc QCOM.O up 3.38% on Friday, among top percentage gainers in S&P 500 technology index .SPLRCT , Bernstein raised its price target for the stock to $240 from $220 ** QCOM last traded at $201.74 after having fallen in 5 of the prior 6 sessions right after hitting a record high of $230.63 on June 18 ** Bernstein Societe General Group analyst Stacy Rasgon cites bottoming of smartphone deman
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Reuters - 3 weeks ago

Wall St set for subdued open after economic data; Micron drags chip stocks lower

US STOCKS-Wall St set for subdued open after economic data; Micron drags chip stocks lower For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Levi Strauss slumps after revenue misses estimates Walgreens down on 2024 profit forecast cut, store closures International Paper slumps after Suzano ends buyout talk Futures down: Dow 0.21%, S&P 500 0.05%, Nasdaq 0.06% Updated at 8:51 a.m.
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Reuters - 3 weeks ago

Futures edge lower as Micron drags chip stocks down ahead of data

US STOCKS-Futures edge lower as Micron drags chip stocks down ahead of data For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Durable goods, jobless claims, GDP data eyed Levi Strauss slumps after missing revenue expectations Walgreens falls after results Futures down : Dow 0.18%, S&P 500 0.16%, Nasdaq 0.20% Updated at 7:14 a.m.
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Reuters - 3 weeks ago

Micron tumbles as AI revenue surge falls short of lofty expectations

UPDATE 2-Micron tumbles as AI revenue surge falls short of lofty expectations Updates with shares at market open By Kanchana Chakravarty June 27 (Reuters) - Micron MU.O shares fell 5% in early trading on Thursday after the memory chipmaker's quarterly revenue forecast failed to impress investors looking for outsized results powered by the AI boom.
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