|Bid||58.50 x 800|
|Ask||58.51 x 900|
|Day's range||58.12 - 58.88|
|52-week range||42.36 - 59.59|
|Beta (3Y monthly)||0.49|
|PE ratio (TTM)||13.06|
|Earnings date||25 Apr 2019|
|Forward dividend & yield||1.26 (2.35%)|
|1y target est||54.59|
Hours after Qualcomm and Intel reached a deal around 5G chips, Intel decided to back away from its own wireless chip business. The step foreshadows a more disciplined approach from Intel.
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Qualcomm rise after settling a dispute with Apple Qualcomm (QCOM) stock has gained 38.3% and added $30 billion to its market value since it resolved its legal
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Apple’s concerns with Qualcomm Qualcomm (QCOM) was a major supplier of chips to Apple’s (AAPL) smartphones until the release of the iPhone 7 in September 2016.
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Intel’s exit from the 5G phone business On April 16, Intel (INTC) announced that it is planning to exit the 5G smartphone modem market, as it wants to put its
Semiconductor ETFs Trade at 52-Week High: Time to Sell?(Continued from Prior Part)Semiconductor ETFs’ price momentum The iShares PHLX Semiconductor ETF (SOXX) and the VanEck Vectors Semiconductor ETF (SMH) hit a new 52-week high on April 17 due to
Semiconductor ETFs Trade at 52-Week High: Time to Sell?SMH hits a new 52-week high The VanEck Vectors Semiconductor ETF (SMH) hit a new 52-week high of $118.83 on April 17, driven by a more-than-20% increase in Qualcomm’s (QCOM) stock and
Qualcomm Surges on Apple Settlement and Intel's 5G Chip ExitQualcomm stock rose Qualcomm (QCOM) stock soared ~12.3% on April 17 to $79.08 as investors continued to celebrate the chipmaker’s announcement on April 16 that it had settled its
Intel (INTC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Apple Inc and Qualcomm Inc on Tuesday settled an acrimonious two-year legal dispute. Shortly afterward, Intel Corp said it will exit the smartphone modem chip business. Echoing complaints from the U.S. Federal Trade Commission, Apple had alleged that Qualcomm used its patent licensing business to keep a monopoly on modem chips that connect devices like the iPhone to wireless data networks.
Intel’s decision to leave the 5G wireless-modem business is good news for the company, according to Wall Street analysts.
U.S. stocks headed lower on Wednesday, as a selloff in healthcare stocks extended for a second day, overshadowing a rally in chipmakers led by Qualcomm. Medical device maker Abbott Laboratories Inc fell 3.8%, despite quarterly results beating estimates. UnitedHealth Group Inc, Pfizer Inc and Merck & Co fell more than 2% and were the biggest drags on the broader S&P 500 index.
Investing.com - The Dow ended the day flat Wednesday, with earnings providing little direction and health care stocks slumping on concerns that potential reforms may wreak havoc on the sector.
Qualcomm Inc added $30 billion to its market value after it resolved a legal battle with Apple Inc, a move that secures its leadership in 5G phone chips and could pave the way for a similar settlement with China's Huawei Technologies. The deal with Apple, coming at the cusp of the rollout of high-speed 5G network, could help Qualcomm return to the preeminent position it held in the early 2010s when it dominated the transition to 4G mobile networks and expanded revenues dramatically. Qualcomm's fortunes are also looking up since Intel Corp , which had been Apple's sole iPhone chip supplier for the past year, decided to exit the modem chip business following Qualcomm's settlement with Apple.
The patent royalty settlement between Qualcomm and Apple is a game-changer for the wireless chip maker’s fortunes.
Drawing curtains on prolonged patent litigations, the former allies turned antagonists decide to call a truce, with Apple (AAPL) paying an undisclosed amount to Qualcomm (QCOM).
Intel (INTC) plans to pull out of the struggling 5G smartphone modem business to focus on enhancing its high-return data-centric domain.
Wall Street was set to open higher on Wednesday, as upbeat economic data from China and a jump in Qualcomm shares sparked gains in chipmakers, with sentiment also lifted by largely positive earnings reports. China's economy grew at a steady 6.4% pace in the first quarter, defying expectations for a further slowdown, adding to optimism that the economy may be starting to stabilize even as Beijing and Washington appear moving closer to a trade deal.
Chipmaker Intel conceded on Tuesday it would not release a 5G smartphone modem and was axing its plans to do so, just hours after rival Qualcomm made peace with Apple and set in motion a new era of co-operation between the companies. Intel, which makes modem chips that go in smartphones, said it did not expect to launch a 5G phone chip, “including those originally planned for launches in 2020” — a reference to Apple’s planned 5G iPhone release.