Dernières nouvelles pour Qualcomm (NASDAQ:QCOM) Stock

QUALCOMM INC

Qualcomm

Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.

Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) has underperformed the PHLX Semiconductor Index year-to-date, with returns of approximately 6% for QCOM <a href="https://www.benzinga.com/topic/chip-stocks">compared to the index&#8217;s</a> roughly 13%.
The divergence is starker over three months, where Qualcomm&#8217;s ~6% gains pale against the index&#8217;s 30% AI-driven rally, even with U.S.-China tech restrictions.
The gap is evident when looking at its peers in the GPU and custom chip space, Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) generated ~43% returns, Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) a robust 57%, Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) 35%, and Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) ~18%.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45624771/qualcomm-eyes-alphawave-to-power-ai-and-data-center-growth-analyst-sees-strategic-fit" rel="noreferrer noopener">Qualcomm Eyes Alphawave To Power AI And Data Center Growth, Analyst Sees Strategic Fit</a>
Given this performance disparity, it&#8217;s crucial to assess Qualcomm&#8217;s current difficulties and its strategies for improvement.
Qualcomm&#8217;s core business spans chipsets, software, and products for mobile, automotive, and IoT. A notable impact on Qualcomm&#8217;s revenue stemmed <a href="https://www.benzinga.com/25/02/43519066/qualcomm-rides-ai-wave-to-record-quarter-but-q2-guidance-dampens-investors-dragging-the-stock-down">from the slowdown in</a> Apple Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) shipments, as Apple previously relied on Qualcomm for <a href="https://www.benzinga.com/etfs/specialty-etfs/25/02/43888012/apples-in-house-modem-chip-sparks-qualcomm-concerns-3-etfs-with-key-exposure">modem chips</a> that connect iPhones to wireless networks. 
This gradual transition by Apple to its <a href="https://www.benzinga.com/markets/25/05/45490266/qualcomm-re-enters-data-center-cpu-market-taps-nvidia-tech-to-power-ai-ambitions">in-house chips</a> has, in turn, spurred Qualcomm to strategically re-enter the data center CPU market, a segment currently dominated by AMD and Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>). 
Looking ahead, Qualcomm has set an ambitious goal to generate $22 billion in non-handset revenue by 2029, with AI identified as a pivotal driver for this expansion.
Central to this strategy is a planned integration of Nvidia technology into future chips to optimize GPU communication for its AI data center offerings. 
Following a prior pause on an Arm-based CPU project with Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Qualcomm has revived its data center CPU initiatives and re-engaged in discussions. Additionally, a strategic partnership with Saudi AI firm Humain is underway to co-develop a custom data center CPU.
Beyond AI, Qualcomm sees substantial growth in the <a href="https://www.benzinga.com/markets/tech/25/07/46217099/autonomous-vehicles-best-stocks">autonomous vehicle market</a>. Bank of America analyst Martyn Briggs highlights this sector&#8217;s potential, likening its current trajectory to the &#8220;ChatGPT moment&#8221; in AI.
Despite its stock underperformance, Qualcomm demonstrated <a href="https://www.benzinga.com/25/05/45150491/qualcomm-stock-drops-after-analysts-lower-price-targets-despite-strong-demand-from-apple-and-samsung">solid operational results</a>, exceeding second-quarter expectations with $10.84 billion in revenue and $2.85 EPS. This was driven by robust performance across its Handsets, IoT, and Automotive segments. 
Notably, Qualcomm CDMA Technologies (QCT) revenue surged 18% year-over-year, boosted by Snapdragon adoption, AI-enabled IoT solutions, and a 59% growth in Automotive from new global OEM contracts.
Looking ahead, analysts project QCT to expand approximately 12% year-over-year in the third quarter, with IoT and Automotive forecasted to see 15% and 20% growth, respectively. 
Qualcomm&#8217;s China business remains resilient, underpinned by premium Android subsidies and consistent design wins.
For the June quarter, revenue guidance stands at $9.9 billion-$10.7 billion, with EPS projected at $2.60-$2.80. The launch of Samsung&#8217;s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) Snapdragon-based foldables could provide an additional boost to handset sales.
Analyst sentiment reflects cautious optimism, with a <a href="https://www.benzinga.com/quote/QCOM/analyst-ratings">consensus price forecast</a> of $186.71 based on 32 analyst ratings. Price forecasts range from a high of $270 (Tigress Financial, June 21, 2024) to a low of $140 (Wells Fargo, May 1, 2025). The average forecast of $170.67 suggests a potential 5.16% upside for Qualcomm from current levels.
Qualcomm is actively transforming its business beyond smartphones to overcome its stock underperformance against the semiconductor index and rivals. By focusing on high-growth areas like AI data center CPUs (including partnerships with Nvidia and renewed Meta discussions) and autonomous vehicles, and aiming for $22 billion in non-handset revenue by 2029, Qualcomm seeks to diversify. Despite a lagging stock, strong second-quarter results and analyst price forecasts suggest potential upside as its strategic pivot unfolds.
Price Action: Qualcomm stock is trading higher by 0.38% to $162.95 premarket at last check Thursday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/45878443/qualcomm-taps-vietnam-for-next-gen-ai-push-joining-apple-and-nvidia-in-supply-chain-shakeup" target="_blank" rel="noreferrer noopener">Qualcomm Taps Vietnam For Next-Gen AI Push, Joining Apple And Nvidia In Supply Chain Shakeup</a></li>
</ul>
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Why Qualcomm's Stock Isn't Soaring Like Its Rivals

Chipmakers are likely to benefit from the &#8216;One Big Beautiful Bill Act&#8217; passed by the Senate on Tuesday, as they will be eligible for an investment tax credit that can incentivize the semiconductor business.
What Happened: According to the provisions of the tax cut bill proposed by President Donald Trump, the Big Beautiful Bill aims to temporarily increase an investment tax credit for semiconductor manufacturers till the end of 2026.
It would raise the tax credit to 30% of investments in manufacturing facilities, from the current 25%, providing stronger incentives for companies to expand domestic production.
Trump was initially critical of the Chips and Science Act, which granted awards worth $32.5417 billion and provided loans up to $5.85 billion to 32 companies, as per the <a href="https://www.semiconductors.org/chip-supply-chain-investments/">Semiconductor Industry Association</a>.
However, Trump set up a new entity, the <a href="https://www.benzinga.com/government/regulations/25/04/44584283/days-after-calling-the-chips-act-a-horrible-thing-donald-trump-sets-up-new-entity-for-negotiating-much-better-deals-heres-more">United States Investment Accelerator</a>, within the Commerce Department, which now oversees the CHIPS Act program, as established by an executive order signed by him. 
The Big Beautiful Bill has now gone back to the House after<a href="https://www.benzinga.com/news/politics/25/07/46211326/one-big-beautiful-bill-passes-senate-with-jd-vances-tie-breaking-vote-trump-says-its-going-to-go-very-nicely-in-the-house"> narrowly passing in the Senate</a>, before the President could finally sign it to make it into a law. 
These are the top chipmakers and the existing beneficiaries of the Chips Act that will benefit from this investment tax credit mentioned within the tax cut bill.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Company Stocks</td>
<td>YTD Performance</td>
<td>One-Year Performance</td>
</tr>
<tr>
<td>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>13.69%</td>
<td>22.58%</td>
</tr>
<tr>
<td>Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>)</td>
<td>16.35%</td>
<td>56.08%</td>
</tr>
<tr>
<td>Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)</td>
<td>8.21%</td>
<td>-29.94%</td>
</tr>
<tr>
<td>Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>)</td>
<td>5.65%</td>
<td>-20.36%</td>
</tr>
<tr>
<td>Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>)</td>
<td>14.83%</td>
<td>-15.49%</td>
</tr>
<tr>
<td>Applied Materials Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>)</td>
<td>15.95%</td>
<td>-21.91%</td>
</tr>
<tr>
<td>Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>)</td>
<td>2.35%</td>
<td>11.34%</td>
</tr>
<tr>
<td>Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)</td>
<td>8.21%</td>
<td>-29.94%</td>
</tr>
<tr>
<td>Texas Instruments Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>)</td>
<td>15.32%</td>
<td>8.37%</td>
</tr>
<tr>
<td>Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>)</td>
<td>39.40%</td>
<td>-11.02%</td>
</tr>
<tr>
<td>Microchip Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>)</td>
<td>28.62%</td>
<td>-21.82%</td>
</tr>
<tr>
<td>Analog Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>)</td>
<td>15.99%</td>
<td>6.58%</td>
</tr>
<tr>
<td>Coherent Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COHR#NYSE">COHR</a>)</td>
<td>-12.16%</td>
<td>19.63%</td>
</tr>
<tr>
<td>Corning Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLW#NYSE">GLW</a>)</td>
<td>12.87%</td>
<td>37.22%</td>
</tr>
<tr>
<td>Entegris Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENTG#NASDAQ">ENTG</a>)</td>
<td>-11.08%</td>
<td>-38.54%</td>
</tr>
<tr>
<td>Globalfoundries Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>)</td>
<td>-6.90%</td>
<td>-22.05%</td>
</tr>
</tbody>
</table>
</figure>
See Also: <a href="https://www.benzinga.com/markets/equities/25/07/46188237/bill-gates-is-betting-two-thirds-of-his-foundations-portfolio-in-these-3-stocks">Bill Gates Is Betting Two-Thirds Of His Foundation&#8217;s Portfolio In These 3 Stocks</a>
Why It Matters: On March 4, during his joint address to Congress, Trump said, "Your Chips Act is a horrible, horrible thing."
He also urged U.S. House Speaker Mike Johnson to "get rid" of it and use "whatever is left over" to "reduce debt or any other reason you want to."
However, the Trump administration has skipped repealing the act with the Investment Accelerator entity and even managed to get the semiconductor firms to invest in the U.S. over and above the Chips Act this year.
In early March, Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) revealed its plans to inject $100 billion into U.S. advanced semiconductor manufacturing, significantly expanding its ongoing $65 billion Arizona initiative under the Chips Act and bringing total investment to $165 billion.
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has <a href="https://www.benzinga.com/tech/25/02/43910982/apple-commits-500-billion-in-us-investment-for-ai-push-boost-us-manufacturing-tech">committed over $500 billion</a> to U.S. investments, focusing on AI, silicon engineering, and expanding advanced manufacturing. 
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, edged higher on Wednesday. The SPY was up 0.45% at $620.45, while the QQQ advanced 0.70% to $550.80, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/07/46216283/dan-ives-urges-apple-to-make-a-move-saying-that-perplexity-acquisition-is-a-no-brainer-its-a-matter-of-when-and-not-if">Dan Ives Urges Apple &#8216;To Make A Move,&#8217; Saying That Perplexity Acquisition Is &#8216;A No-Brainer&#8217;: &#8216;It&#8217;s A Matter Of When And Not If&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

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Nvidia, Intel, Broadcom, Micron, AMD And Other Chipmakers Stand To Benefit As Trump's Tax Bill Increases Incentives To Make Semiconductors In US

Autonomous vehicles, or AVs, are no longer a distant dream or science fiction—they're hitting roads, farms and factories worldwide as breakthroughs in artificial intelligence spark a commercial revolution across <a href="https://www.benzinga.com/topic/autonomous-vehicles">a $1.2 trillion industry.</a>
In a report shared with clients on Tuesday, Bank of America indicated that AVs have reached a pivotal inflection point thanks to dramatic advances in AI, simulation, and computing power.
To date, autonomous robotaxis have completed 186 million commercial miles as of April 2025. These vehicles are now operating in seven global cities, with plans to expand into 20 additional markets in the near future.
&#8220;Autonomous vehicles are having their ‘ChatGPT moment' and are no longer a moonshot," said the bank&#8217;s analyst Martyn Briggs. 
See Also: <a href="https://www.benzinga.com/markets/equities/25/07/46204187/palantir-stumbles-solar-stocks-rally-as-senate-approves-tax-bill-whats-moving-markets-tuesday">Palantir Stumbles, Solar Stocks Rally As Senate Approves Tax Bill: What&#8217;s Moving Markets Tuesday?</a>
<h2 class="wp-block-heading">AI, Not Just Automation, Is Driving The AV Revolution</h2>
Unlike earlier generations of self-driving systems, which relied on hard-coded software and maps, the latest wave of AVs is driven by "physical AI," according to the report.
This includes neural networks that continuously learn from real-world data and simulation environments known as "digital twins," which drastically reduce the need for on-road testing.
New capabilities like language models are adding "reasoning and interpretability to driving decisions," Briggs said, while supercomputers integrated into vehicles are enabling autonomous driving in new geographies and use cases.
The cost to deploy AVs is also falling. Hardware, such as LiDAR sensors, is getting cheaper.
<h2 class="wp-block-heading">Market Potential: Not Just Cars—Everything That Moves</h2>
The AV market is broader than just robotaxis. While cars represent a $700 billion opportunity by 2040, Bank of America estimates the total addressable market doubles to $1.2 trillion when including autonomous trucks, public transit, agricultural and mining vehicles. 
Some off-road AVs are already commercially available, with reported gains of 30% in productivity and 50% labor cost savings in industries like agriculture and mining.
Robotrucks are set to disrupt the $4 trillion global freight market. Autonomous trucking is accelerating fast, with 90 active pilot programs worldwide—two-thirds of which target long-haul freight. 
Seven of these pilots are nearing commercialization, with the goal of large-scale rollouts by 2027. Briggs said the freight industry is poised for transformation as AVs address "structural challenges like driver shortages" while reducing costs.
The story is no longer just about cars: &#8220;Anything that moves could become autonomous," Briggs said.
<h3 class="wp-block-heading">How to Invest In Autonomous Vehicle Market: 28 Stocks To Watch</h3>
The Bank of America report identifies 28 publicly traded companies across six sub-sectors—vehicle manufacturers, mobility platforms, software, sensors, semiconductors and insurance—with a combined market cap of approximately $9 trillion.
Original Equipment Manufacturers (OEMs):
<ul class="wp-block-list">
<li>Caterpillar Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>): Dominates autonomous mining trucks</li>
<li>Deere &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>): Precision farming with autonomous tractors</li>
<li>Toyota Motor Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/TOYOF#OTC">TOYOF</a>) and Hyundai Motor Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HYMLF#OTC">HYMLF</a>): Partnered with Waymo and Aurora</li>
<li>XPeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>): Advanced driver-assistance systems (ADAS) and autopilot EVs</li>
<li>Daimler Truck Holding AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/DTGHF#OTC">DTGHF</a>): Global leader in heavy-duty autonomous trucks</li>
<li>Xiaomi Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACF#OTC">XIACF</a>): Integrating LiDAR and autopilot tech into smart vehicles</li>
</ul>
Mobility Platforms:
<ul class="wp-block-list">
<li>Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>): Expanding AV ride-hailing with Waymo, Aurora and WeRide partnerships</li>
</ul>
Software Providers:
<ul class="wp-block-list">
<li>Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>): Building purpose-built AVs through Zoox</li>
<li>Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>): Operating Waymo robotaxis across U.S. cities</li>
<li>Dassault Systemes SE (OTC:<a class="ticker" href="https://www.benzinga.com/stock/DASTF#OTC">DASTF</a>): Offers digital twin simulations and AV design platforms</li>
<li>Baidu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) and Pony.ai (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>): Operating robotaxis and robotrucks in China</li>
</ul>
Sensor Companies:
<ul class="wp-block-list">
<li>Aptiv PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APTV#NYSE">APTV</a>), Denso Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/DNZOF#OTC">DNZOF</a>), Allegro MicroSystems Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGM#NASDAQ">ALGM</a>): Supplying ADAS sensors, radar, and steering systems</li>
<li>Hesai Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) and RoboSense (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XEDSF#OTC">XEDSF</a>): Global leaders in LiDAR tech</li>
</ul>
Semiconductor Leaders:
<ul class="wp-block-list">
<li>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>): AV chips, AI training, simulation, and supercomputing platforms</li>
<li>Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), Mobileye Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBLY#NASDAQ">MBLY</a>), NXP Semiconductors NV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>): Enabling computer vision and ADAS systems</li>
<li>Infineon Technologies AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/IFNNF#OTC">IFNNF</a>), STMicroelectronics NV (OTC:<a class="ticker" href="https://www.benzinga.com/stock/STMEF#OTC">STMEF</a>), Horizon Robotics (OTC:<a class="ticker" href="https://www.benzinga.com/stock/HRZRF#OTC">HRZRF</a>): Leading providers of AV-specific silicon and AI hardware</li>
</ul>
Insurance:
<ul class="wp-block-list">
<li>Progressive Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>): Developing AV insurance products tailored for new risk profiles. </li>
</ul>
Surprisingly, one name was notably absent from the Bank of America&#8217;s list of autonomous vehicle investment picks: Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>). 
Now Read
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/46180484/nvidia-palantir-tech-stocks-to-buy-q3-2025-sectors">Nvidia, Palantir Fuel Historic Tech Rally — And It&#8217;s Far From Done</a><span class="author" style="box-sizing: border-box; border: 0px solid rgb(229, 231, 235); --tw-scale-x: 1; --tw-scale-y: 1; --tw-pan-x: ; --tw-pan-y: ; --tw-pinch-zoom: ; --tw-scroll-snap-strictness: proximity; --tw-gradient-from-position: ; --tw-gradient-via-position: ; --tw-gradient-to-position: ; --tw-ordinal: ; --tw-slashed-zero: ; --tw-numeric-figure: ; --tw-numeric-spacing: ; --tw-numeric-fraction: ; --tw-ring-inset: ; --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgb(59 130 246/0.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; --tw-blur: ; --tw-brightness: ; --tw-contrast: ; --tw-grayscale: ; --tw-hue-rotate: ; --tw-invert: ; --tw-saturate: ; --tw-sepia: ; --tw-drop-shadow: ; --tw-backdrop-blur: ; --tw-backdrop-brightness: ; --tw-backdrop-contrast: ; --tw-backdrop-grayscale: ; --tw-backdrop-hue-rotate: ; --tw-backdrop-invert: ; --tw-backdrop-opacity: ; --tw-backdrop-saturate: ; --tw-backdrop-sepia: ; --tw-contain-size: ; --tw-contain-layout: ; --tw-contain-paint: ; --tw-contain-style: ;"></li>
</ul>
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Autonomous Vehicles Hit Their 'ChatGPT Moment' — Best Stocks To Watch Now

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/03/25</td>
<td>$155.00</td>
<td>$140.1K</td>
<td>63.1K</td>
<td>190.6K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/03/25</td>
<td>$207.50</td>
<td>$44.8K</td>
<td>22.8K</td>
<td>104.9K</td>
</tr>
<tr>
<td>PLTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/03/25</td>
<td>$130.00</td>
<td>$25.7K</td>
<td>2.7K</td>
<td>14.7K</td>
</tr>
<tr>
<td>MSTR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/03/25</td>
<td>$410.00</td>
<td>$98.7K</td>
<td>12.8K</td>
<td>12.4K</td>
</tr>
<tr>
<td>QCOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/11/25</td>
<td>$162.50</td>
<td>$195.0K</td>
<td>455</td>
<td>4.3K</td>
</tr>
<tr>
<td>BBAI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$8.00</td>
<td>$120.2K</td>
<td>3.9K</td>
<td>2.7K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$30.00</td>
<td>$275.2K</td>
<td>20.1K</td>
<td>2.5K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$400.00</td>
<td>$86.2K</td>
<td>3.3K</td>
<td>1.7K</td>
</tr>
<tr>
<td>CSCO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$70.00</td>
<td>$476.0K</td>
<td>1.4K</td>
<td>562</td>
</tr>
<tr>
<td>SOUN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/03/25</td>
<td>$9.50</td>
<td>$33.2K</td>
<td>1.1K</td>
<td>470</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on July 3, 2025. This event was a transfer of 1000 contract(s) at a $155.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $140.1K, with a price of $140.0 per contract. There were 63157 open contracts at this strike prior to today, and today 190687 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on July 3, 2025. This event was a transfer of 200 contract(s) at a $207.50 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $44.8K, with a price of $224.0 per contract. There were 22865 open contracts at this strike prior to today, and today 104991 contract(s) were bought and sold. 
• Regarding PLTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on July 3, 2025. Parties traded 100 contract(s) at a $130.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $25.7K, with a price of $257.0 per contract. There were 2792 open contracts at this strike prior to today, and today 14750 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on July 3, 2025. Parties traded 2759 contract(s) at a $410.00 strike. This particular call needed to be split into 125 different trades to become filled. The total cost received by the writing party (or parties) was $98.7K, with a price of $36.0 per contract. There were 12819 open contracts at this strike prior to today, and today 12441 contract(s) were bought and sold. 
• For QCOM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), we notice a call option trade that happens to be bearish, expiring in 10 day(s) on July 11, 2025. This event was a transfer of 1000 contract(s) at a $162.50 strike. The total cost received by the writing party (or parties) was $195.0K, with a price of $195.0 per contract. There were 455 open contracts at this strike prior to today, and today 4330 contract(s) were bought and sold. 
• For BBAI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAI#NYSE">BBAI</a>), we notice a call option trade that happens to be bearish, expiring in 199 day(s) on January 16, 2026. This event was a transfer of 650 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $120.2K, with a price of $185.0 per contract. There were 3934 open contracts at this strike prior to today, and today 2763 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a call option sweep that happens to be bearish, expiring in 171 day(s) on December 19, 2025. This event was a transfer of 2500 contract(s) at a $30.00 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $275.2K, with a price of $110.0 per contract. There were 20126 open contracts at this strike prior to today, and today 2536 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a call option sweep with bearish sentiment. It expires in 199 day(s) on January 16, 2026. Parties traded 8 contract(s) at a $400.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $86.2K, with a price of $10786.0 per contract. There were 3382 open contracts at this strike prior to today, and today 1716 contract(s) were bought and sold. 
• Regarding CSCO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), we observe a call option sweep with bullish sentiment. It expires in 563 day(s) on January 15, 2027. Parties traded 560 contract(s) at a $70.00 strike. This particular call needed to be split into 19 different trades to become filled. The total cost received by the writing party (or parties) was $476.0K, with a price of $850.0 per contract. There were 1464 open contracts at this strike prior to today, and today 562 contract(s) were bought and sold. 
• For SOUN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>), we notice a call option trade that happens to be bearish, expiring in 2 day(s) on July 3, 2025. This event was a transfer of 400 contract(s) at a $9.50 strike. The total cost received by the writing party (or parties) was $33.2K, with a price of $83.0 per contract. There were 1150 open contracts at this strike prior to today, and today 470 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

BBAI

CSCO

MSFT

MSTR

PLTR

SOUN

10 Information Technology Stocks Whale Activity In Today's Session

Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) just did the unimaginable: it leaped over Microsoft to become the most valuable company in the world on Thursday, with a market capitalization crossing $3.7 trillion. But as the chipmaker solidifies its position as the foundation of the AI era, one segment of Wall Street is somewhat lagging behind — <a href="https://www.benzinga.com/etfs">semiconductor ETFs</a>.
Despite Nvidia&#8217;s historical rise, some of the largest ETFs that follow the semiconductor space are still predominantly weighted toward legacy chipmakers —companies that dominated the PC and mobile era, but whose trajectories are now threatened by the AI revolution.
Also Read: <a href="https://www.benzinga.com/etfs/sector-etfs/25/05/45574690/nvidia-amd-and-the-ai-arms-race-3-explosive-etfs-to-watch-right-now">Nvidia, AMD And The AI Arms Race: 3 Explosive ETFs To Watch Right Now</a>
<h2 class="wp-block-heading">Not All Chip ETFs Are Built For The AI Race</h2>
Take a look at the two heavyweights: the VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>) and the iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>). Both have seen strong returns, thanks in large part to Nvidia's outperformance, but scratch beneath the surface, and you'll notice they still allocate sizable weight to companies like Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>), and Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), which haven't benefited nearly as much from the AI arms race.
SMH, for example, has Nvidia at about 20.5%, and Intel continues to hold on to a healthy 3.7% of the portfolio in spite of its failure to gain ground in the GPU segment. SOXX&#8217;s own positioning is similarly slanted — Nvidia is a top holding, but legacy companies comprise a bigger-than-anticipated portion of the roster.
<h2 class="wp-block-heading">AI Winners Vs. Legacy Players</h2>
Here&#8217;s the irony: Nvidia&#8217;s success is being fueled to a great extent by hyperscalers such as Microsoft, Amazon, Meta, and Alphabet — firms which are building out AI infrastructure at a very fast clip. That demand, in turn, is fueling interest in AI-focused semiconductors — GPUs, networking processors, model-training memory, optimized memory, and even the tailor-made AI chips manufactured by companies such as Broadcom and Marvell Technology.
But most broad semiconductor ETFs still portray an outdated vision of the industry, one still led by general-purpose computing and consumer hardware cycles, rather than AI computing.
<h2 class="wp-block-heading">The ETF Innovators Catching On</h2>
There are some ETFs that have turned. The Invesco PHLX Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXQ#NASDAQ">SOXQ</a>) and the SPDR S&amp;P Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XSD#NYSE">XSD</a>) do it differently. XSD is equal-weighted, reducing Nvidia&#8217;s weighting but offering a more equalized reflection of the sector, including newer or niche companies such as Ambarella (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMBA#NASDAQ">AMBA</a>) and Advanced Micro Devices&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), which are also being boosted by AI-related trends.
And then there are thematic ETFs such as the Roundhill Generative AI ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHAT#NYSE">CHAT</a>), not semiconductor pure plays, but more representative of next-generation AI infrastructure, including semis that actually underpin the boom.
<h2 class="wp-block-heading">The Concentration Conundrum</h2>
Nvidia&#8217;s ascent has also brought a novel challenge: the risk of concentration. SMH and SOXX each have more than one-fifth of their portfolios invested in a single stock, a fantastic ride on the way up, but potentially perilous if attitudes reverse.
That risk is aggravated by underperformance from other holdings. Intel, for example, has fallen about 27% in the past year. So while the front-page ETF returns appear solid, they&#8217;re disproportionately reliant on a single ticker.
<h2 class="wp-block-heading">Time For A Chip ETF Makeover?</h2>
Investors betting on the future of semiconductors might need to rethink their exposure. In an AI-dominated world, chipmakers are no longer a monolith, and ETFs that treat them as such may underdeliver.
As Nvidia continues to achieve milestones and propel the AI ecosystem forward, the question for ETF issuers is simple: Will they adapt for the AI age, or continue playing the greatest hits of the previous chip cycle?
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/etfs/new-etfs/25/06/46147754/goldman-just-launched-two-new-bond-etfs-heres-why-investors-should-pay-attention">Goldman Just Launched Two New Bond ETFs; Here&#8217;s Why Investors Should Pay Attention</a></li>
</ul>
Photo: Evolf on Shutterstock.com

Sector ETFs

ETFs

AMBA

CHAT

LSCC

SOXQ

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

Nvidia Just Became The World's Most Valuable Stock; Is It Time For A Semiconductor ETF Rethink?

For investors who prefer their tech plays with a dash of adrenaline, Direxion just served up four new ways to catch the waves. The ETF provider launched four new single-stock leveraged and <a href="https://www.benzinga.com/etfs">inverse funds</a> on Wednesday, focused on Cisco Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) and Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>). But these are no ordinary ETFs, they&#8217;re designed for quick trades, quick brains, and even quicker appetites for risk.
Also Read: <a href="https://www.benzinga.com/etfs/new-etfs/25/06/46102575/calamos-unveils-callable-note-etf-for-predictable-payouts">Calamos Unveils Callable-Note ETF For Predictable Payouts</a>
Here&#8217;s the new group:
<ul class="wp-block-list">
<li>Direxion Daily CSCO Bull 2X ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCL#NASDAQ">CSCL</a>): Positive 200% bet on Cisco&#8217;s daily price performance.</li>
<li>Direxion Daily CSCO Bear 1X ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCS#NASDAQ">CSCS</a>): Bearish 100% daily exposure in Cisco.</li>
<li>Direxion Daily QCOM Bull 2X ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCMU#NASDAQ">QCMU</a>): 2x daily bullish bet on Qualcomm.</li>
<li>Direxion Daily QCOM Bear 1X ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCMD#NASDAQ">QCMD</a>): 1x daily bearish exposure to Qualcomm.</li>
</ul>
Each of the ETFs carries an expense ratio of 0.97%.
With these, investors can go long or short on two giants of the digital infrastructure space, enterprises thriving on growth in AI, 5G, and cloud networking.
Douglas Yones, CEO of Direxion, said that these ETFs will &#8220;empower traders to capitalize on short-term movements in these pivotal technology stocks, reflecting our commitment to providing targeted tools for dynamic market engagement.&#8221; 
But a word of caution: single-stock leveraged ETFs are the fiscal version of a high-speed chase. There&#8217;s no diversification buffer, and the daily reset assures compounding will work for or against you.
Even within leveraged products, such ETFs are niche instruments for savvy market players who keep positions under close scrutiny and appreciate the mathematics (and mayhem) of volatility.
Read Next: 
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<li><a href="https://www.benzinga.com/etfs/new-etfs/25/06/46078207/blackrock-launch-ishares-texn-etf-texas-based-stocks">BlackRock Debuts iShares TEXN ETF For Retail Investors Eyeing Texas-Based Stocks</a></li>
</ul>
Photo: Shutterstock

New ETFs

CSCL

CSCS

QCMD

QCMU

Direxion's New ETFs Let Traders Supercharge Bets On Cisco And Qualcomm, With A Catch

Silicon Motion Technology Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIMO#NASDAQ">SIMO</a>) ("Silicon Motion"), a global leader in the design and marketing of NAND flash controllers for solid-state storage devices, is pleased to announce that its Universal Flash Storage (UFS) solution has successfully completed compatibility validation on&nbsp;Qualcomm&#xAE; Snapdragon&#xAE; Cockpit SA8295P Platform. This achievement enables automotive customers to confidently adopt Silicon Motion's UFS solution with the Snapdragon&#xAE; Cockpit SA8295P designs.
Silicon Motion enables superior performance and multitasking support, with high reliability on the&nbsp;Qualcomm&#xAE; Snapdragon&#xAE; Cockpit SA8295P platform for ASIL B use cases, which supports UFS 3.1 advanced features such as HS-Gear4 x 2-lane mode and command queuing while leveraging Silicon Motion's industry-leading technology and experience in NAND management. Boasting an extended temperature range and flexible capacity support, it offers a seamless and expeditious design integration option, enabling high-performance AI smart cockpits.
The Qualcomm&#xAE; Snapdragon&#xAE;&nbsp;Cockpit SA8295P is a high-performance automotive platform designed for smart cockpits. Built on a 5nm process, it delivers powerful AI performance, advanced multi-display graphics, and ASIL-B functional safety support. When combined with Silicon Motion's reliable UFS solution, the platform enables fast data access and seamless system integration.

SIMO

Silicon Motion's UFS Solution Achieves Compatibility With Qualcomm Snapdragon SA8295P Platform, Advancing AI-Powered Smart Cockpit Integration

WIIM

AMKR

ASML

KLAC

LRCX

MPWR

SMCI

Shares of chip stocks are trading higher amid overall market strength on Israel-Iran ceasefire hopes.

Financial giants have made a conspicuous bearish move on Qualcomm. Our analysis of options history for Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) revealed 15 unusual trades.
Delving into the details, we found 40% of traders were bullish, while 53% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $578,284, and 8 were calls, valued at $1,126,501.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $75.0 to $200.0 for Qualcomm over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Qualcomm's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Qualcomm's whale activity within a strike price range from $75.0 to $200.0 in the last 30 days. 
<h3>Qualcomm Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1750709507_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>QCOM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$23.45</td>
<td>$22.4</td>
<td>$23.35</td>
<td>$150.00</td>
<td>$471.5K</td>
<td>373</td>
<td>2.0K</td>
</tr>
<tr>
<td>QCOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$13.1</td>
<td>$10.85</td>
<td>$11.18</td>
<td>$200.00</td>
<td>$447.2K</td>
<td>1.7K</td>
<td>400</td>
</tr>
<tr>
<td>QCOM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/21/25</td>
<td>$12.8</td>
<td>$12.7</td>
<td>$12.8</td>
<td>$150.00</td>
<td>$160.4K</td>
<td>2.5K</td>
<td>39</td>
</tr>
<tr>
<td>QCOM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$8.5</td>
<td>$8.4</td>
<td>$8.4</td>
<td>$135.00</td>
<td>$147.0K</td>
<td>2.9K</td>
<td>196</td>
</tr>
<tr>
<td>QCOM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$32.8</td>
<td>$32.5</td>
<td>$32.8</td>
<td>$180.00</td>
<td>$82.0K</td>
<td>1.6K</td>
<td>25</td>
</tr>
</tbody>
</table>

<h3>About Qualcomm</h3>
Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.
<h3>Qualcomm's Current Market Status</h3>
<ul>
<li>With a trading volume of 4,016,615, the price of QCOM is up by 0.93%, reaching $152.72.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 37 days from now.</li>
</ul>
<h3>Expert Opinions on Qualcomm</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $200.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on Qualcomm with a target price of $200. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Qualcomm options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.

Markets

What the Options Market Tells Us About Qualcomm

QNX, a subsidiary of BlackBerry Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>), and Vector Informatik have <a href="https://www.benzinga.com/pressreleases/25/06/ac46050181/qnx-and-vector-sign-memorandum-of-understanding-to-launch-foundational-vehicle-software-platform" target="_blank" rel="noreferrer noopener">signed a Memorandum of Understanding</a> (MoU) to jointly create a new software platform designed to support the development of software-defined vehicles (SDVs).
This next-generation solution will be designed to help accelerate the development of software-defined vehicles (SDVs) and reduce the complexity of automotive software integration.
Called the Foundational Vehicle Software Platform, the solution will merge Vector&#8217;s middleware and QNX&#8217;s safety-certified OS to create a streamlined base for applications running across vehicle ECUs.
Also Read: <a href="https://www.benzinga.com/analyst-ratings/price-target/25/04/44633991/blackberrys-qnx-secure-comms-growth-weighed-down-by-tariff-uncertainties-government-election-shifts-analyst" target="_blank" rel="noreferrer noopener">BlackBerry&#8217;s QNX, Secure Comms Growth Weighed Down By Tariff Uncertainties, Government Election Shifts: Analyst</a>
The platform will also incorporate Tech Auto&#8217;s MotionWise Schedule for the deterministic scheduling of components.
The goal is to reduce repetitive development work for automakers and foster faster delivery of vehicle software, all while aligning with key automotive safety and cybersecurity standards.
An early-access version will launch later this year for prototyping and partner feedback, with a fully certified release planned for late 2026.
The platform will be showcased at the Automobil-Elektronik Kongress on June 24–25 in Ludwigsburg, Germany. 
QNX COO John Wall said the project aims to &#8220;build smarter, safer vehicles, faster,&#8221; while Vector President Matthias Traub called it a step toward empowering the entire automotive ecosystem to create the next generation of intelligent vehicles.
Investors tracking developments in the software-defined vehicle space may also want to watch Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), along with ETFs such as Global X Autonomous &amp; Electric Vehicles ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRIV#NASDAQ">DRIV</a>) and iShares U.S. Tech Breakthrough Multisector ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TECL#NYSE">TECL</a>).
Price Action: BB shares are trading higher by 1.06% to $4.28 at last check Monday.
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BlackBerry's QNX, Vector Partner To Develop Next-Gen Vehicle Software Platform

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'U.S. Prepares Action Targeting Allies' Chip Plants in China'- WSJ

Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) underwent analysis by 12 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">4</td>
<td align="right">3</td>
<td align="right">4</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">2</td>
<td align="right">3</td>
<td align="right">3</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $176.92, a high estimate of $225.00, and a low estimate of $140.00. Experiencing a 12.89% decline, the current average is now lower than the previous average price target of $203.09. 
<img src="https://www.benzinga.com/files/images/story/2025/1750190476_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive Qualcomm. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Tal Liani</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$200.00</td>
<td>$245.00</td>
</tr>
<tr>
<td>Mark Lipacis</td>
<td>Evercore ISI Group</td>
<td>Lowers</td>
<td>In-Line</td>
<td>$157.00</td>
<td>$179.00</td>
</tr>
<tr>
<td>Gary Mobley</td>
<td>Loop Capital</td>
<td>Lowers</td>
<td>Hold</td>
<td>$155.00</td>
<td>$180.00</td>
</tr>
<tr>
<td>Matthew Prisco</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Neutral</td>
<td>$150.00</td>
<td>$150.00</td>
</tr>
<tr>
<td>Aaron Rakers</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$140.00</td>
<td>$175.00</td>
</tr>
<tr>
<td>Christopher Rolland</td>
<td>Susquehanna</td>
<td>Lowers</td>
<td>Positive</td>
<td>$190.00</td>
<td>$210.00</td>
</tr>
<tr>
<td>Tristan Gerra</td>
<td>Baird</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$216.00</td>
<td>$250.00</td>
</tr>
<tr>
<td>Kevin Cassidy</td>
<td>Rosenblatt</td>
<td>Maintains</td>
<td>Buy</td>
<td>$225.00</td>
<td>$225.00</td>
</tr>
<tr>
<td>Cody Acree</td>
<td>Benchmark</td>
<td>Lowers</td>
<td>Buy</td>
<td>$200.00</td>
<td>$240.00</td>
</tr>
<tr>
<td>Samik Chatterjee</td>
<td>JP Morgan</td>
<td>Announces</td>
<td>Overweight</td>
<td>$185.00</td>
<td>-</td>
</tr>
<tr>
<td>Christopher Danely</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$145.00</td>
<td>$185.00</td>
</tr>
<tr>
<td>Joshua Buchalter</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$160.00</td>
<td>$195.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Qualcomm. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Qualcomm compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Qualcomm's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
For valuable insights into Qualcomm's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/QCOM/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Qualcomm analyst ratings.</a>
<h2>Delving into Qualcomm's Background</h2>
Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.
<h3>Key Indicators: Qualcomm's Financial Health</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Over the 3M period, Qualcomm showcased positive performance, achieving a revenue growth rate of 16.93% as of 31 March, 2025. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Qualcomm's net margin excels beyond industry benchmarks, reaching 25.61%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Qualcomm's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 10.3%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Qualcomm's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 5.07%, the company showcases efficient use of assets and strong financial health.
Debt Management: Qualcomm's debt-to-equity ratio stands notably higher than the industry average, reaching 0.53. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>Analyst Ratings: What Are They?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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12 Analysts Assess Qualcomm: What You Need To Know

B of A Securities analyst Tal Liani maintains Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) with a Buy and lowers the price target from $245 to $200.

Price Target

B of A Securities Maintains Buy on Qualcomm, Lowers Price Target to $200

China announced Tuesday that Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) will attend its flagship China International Supply Chain Expo for the first time in July, marking a significant development as U.S.-China tech tensions reach new heights over semiconductor trade restrictions.
What Happened: Yu Jianlong, deputy director of the China Council for the Promotion of International Trade, called the participation of over 100 U.S. and European exhibitors a &#8220;vote of confidence&#8221; in China&#8217;s supply chain amid a &#8220;complex and volatile&#8221; global trade landscape, <a href="https://www.scmp.com/economy/china-economy/article/3314715/nvidia-hands-china-symbolic-victory-attendance-beijing-expo?module=perpetual_scroll_0&amp;pgtype=article">reported</a> the South China Morning Post. 
The artificial intelligence chipmaker&#8217;s Beijing appearance comes despite escalating export controls that cost Nvidia $2.5 billion in first-quarter revenue. CEO Jensen Huang recently said that the <a href="https://www.benzinga.com/markets/equities/25/06/45918580/nvidia-drops-china-from-guidance-after-2-5-billion-q1-revenue-hit-ceo-jensen-huang-says-hes-not-">company no longer includes China in revenue forecasts</a>, stating, &#8220;I&#8217;m not counting on it, but if it happens, then it will be a great bonus.&#8221;
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Why It Matters: The timing highlights mounting pressure on China&#8217;s semiconductor independence. Chinese automakers, including BYD Co Ltd (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>), Geely Automobile Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GELYF#OTC">GELYF</a>), and Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) are accelerating plans to eliminate foreign chips by 2027, targeting 100% <a href="https://www.benzinga.com/markets/equities/25/06/45966176/after-nvidia-pauses-china-outlook-top-chinese-automakers-race-to-ditch-foreign-chips-aim-for-100-domestic-supply-by-2027-report">domestic semiconductor supply chains</a>.
This represents a dramatic shift from Beijing&#8217;s previous 25% domestic chip usage goal for this year. Major automakers currently rely heavily on Nvidia&#8217;s AI processors for autonomous driving and Qualcomm Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) <a href="https://www.benzinga.com/markets/equities/25/06/45966176/after-nvidia-pauses-china-outlook-top-chinese-automakers-race-to-ditch-foreign-chips-aim-for-100-domestic-supply-by-2027-report">smart cockpit solutions</a>.
Washington&#8217;s export controls have blocked Nvidia&#8217;s <a href="https://www.benzinga.com/tech/25/05/45309175/nvidia-modifies-h20-chip-for-china-after-us-restrictions-block-sales-aims-to-deliver-new-version-by-july-report">China-specific H20 AI chip shipments</a>, requiring special licenses. 
The restrictions aim to limit China&#8217;s access to advanced semiconductor technology critical for <a href="https://www.benzinga.com/tech/25/05/45309175/nvidia-modifies-h20-chip-for-china-after-us-restrictions-block-sales-aims-to-deliver-new-version-by-july-report">AI development and military applications</a>.
Benzinga Edge Stock Rankings indicate Nvidia continues to show strong upward momentum across short-, medium-, and long-term timeframes. Full <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">performance insights are available here</a>.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="886" height="648" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17030137/image-253.png" alt="" class="wp-image-951718" style="width:461px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17030137/image-253.png 886w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17030137/image-253-300x219.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/17030137/image-253-768x562.png 768w" sizes="(max-width: 886px) 100vw, 886px" /></a></figure>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Nvidia To Appear At China's Top Supply Chain Expo Despite Escalating US-China Chip War: Beijing Calls Participation 'A Vote Of Confidence'

Chinese automakers are accelerating plans to eliminate foreign semiconductors from their vehicles by 2027, with at least two brands preparing mass production of cars using 100% domestic chips by 2026.
What Happened: Major Chinese automakers, including SAIC Motor, BYD (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>), Geely Automobile Holdings (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GELYF#OTC">GELYF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GELYY#OTC">GELYY</a>), Great Wall Motor Co (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GWLLY#OTC">GWLLY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GWLLF#OTC">GWLLF</a>), Li Auto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) and Changan are developing models with entirely homemade semiconductors, <a href="https://asia.nikkei.com/Business/Technology/China-s-automakers-aim-for-cars-with-100-domestic-chips-from-2026">reported</a> Nikkei Asia, citing sources. 
China&#8217;s Ministry of Industry and Information Technology is shepherding the initiative, regularly requiring self-assessments of domestic chip adoption rates.
The push comes as Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) <a href="https://www.benzinga.com/markets/equities/25/06/45918580/nvidia-drops-china-from-guidance-after-2-5-billion-q1-revenue-hit-ceo-jensen-huang-says-hes-not-">announced it will exclude China from future revenue</a> guidance after U.S. export controls cost the chipmaker $2.5 billion in first-quarter revenue. CEO Jensen Huang told CNN the company won&#8217;t count on China sales, saying, &#8220;if it happens, then it will be a great bonus.&#8221;
Automakers mentioned in the report did not immediately respond to&nbsp;<a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
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Why It Matters: The 2027 target represents a dramatic acceleration from Beijing&#8217;s previous goal of 25% domestic chip usage this year. While not mandatory, the framework incentivizes companies to demonstrate progress toward technological self-reliance.
Chinese electric vehicle makers currently rely heavily on foreign chips, particularly Nvidia&#8217;s AI processors for autonomous driving and Qualcomm Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) solutions for smart cockpits. Progressive U.S. restrictions have raised concerns about component access.
GAC Group is collaborating with domestic contract manufacturers Semiconductor Manufacturing International Corp. and CanSemi Technology to review supply chains and verify local alternatives, according to the report.
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After Nvidia Pauses China Outlook, Top Chinese Automakers Race To Ditch Foreign Chips, Aim For 100% Domestic Supply By 2027: Report

TSEM

Shares of chip stocks are trading higher, possibly amid overall market strength on hopes of Iran-Israel de-escalation.

Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) has launched an artificial intelligence research and development <a target="_blank" href="https://www.benzinga.com/topic/vietnam" rel="noreferrer noopener">center in Vietnam</a>.
The company&#8217;s researchers will focus on advancing generative and agentic AI solutions across smartphones, personal computers, XR (extended reality), automotive, and IoT applications, Reuters reported on Wednesday, citing a company statement.
In July 2024, Vietnam <a target="_blank" href="https://www.benzinga.com/markets/equities/24/07/39743214/as-nvidia-amazon-microsoft-and-google-dive-into-billions-of-data-center-investments-vietnam-open" rel="noreferrer noopener">opened its&nbsp;data center market</a> to foreign investors, allowing 100% ownership, following the implementation of controversial data storage regulations that have attracted major industry players.
Also Read: <a target="_blank" href="https://www.benzinga.com/tech/25/05/45320459/nvidia-apple-face-bigger-risks-from-china-trade-talks-than-any-boost-from-uk-deal-analyst-says" rel="noreferrer noopener">Nvidia, Apple Face Bigger Risks From China Trade Talks Than Any Boost From UK Deal, Analyst Says</a>
Since this announcement, companies including Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Lam Research Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>), Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) have <a href="https://www.benzinga.com/government/24/05/38556060/after-nvidia-and-apple-alibaba-chases-vietnam-new-data-center-to-boost-control-and-meet-local-laws" target="_blank" rel="noreferrer noopener">reached out</a> to Vietnam to diversify their supply chain base amid heightening geopolitical tensions between the U.S. and China.
Lam Research&nbsp;weighed the supply chain shift to Vietnam, with the Vietnamese government canvassing the former to commit $1 billion to local production efforts.
Nvidia tapped&nbsp;Vietnamese tech firms for AI development. Nvidia <a target="_blank" href="https://www.benzinga.com/government/regulations/24/12/42347647/nvidia-partners-with-vietnam-government-to-develop-advanced-ai-and-more" rel="noreferrer noopener">plans to</a> build AI research data centers in Vietnam with the government.
According to Bloomberg, Vietnam is eyeing an<a target="_blank" href="https://www.bloomberg.com/news/terminal/SK8QBTT0AFB4" rel="noreferrer noopener">&nbsp;</a>annual revenue of over $100 billion from the semiconductor industry by 2050. The government targets three big data centers and three AI centers by 2030.
In November 2024, Apple supplier&nbsp;Hon Hai Precision Industry Co,&nbsp;operating as Foxconn,&nbsp;committed $80 million&nbsp;to the country for a chip plant after bagging approval to invest $383 million in another chip facility in Vietnam.
Price Action: QCOM stock is trading lower by 0.36% to $158.55 premarket at last check Wednesday.
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Qualcomm Taps Vietnam For Next-Gen AI Push, Joining Apple And Nvidia In Supply Chain Shakeup

Technology giant Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) aims to <a href="https://www.benzinga.com/news/earnings/25/05/45127498/qualcomm-plans-22-billion-in-non-handset-revenue-by-2029-with-ai-as-its-trojan-horse" target="_blank" rel="noopener">diversify its handset revenue</a> in the future, and smart glasses could be one area of growth.
What Happened: Qualcomm demonstrated on-glass Gen AI without a phone or the cloud at the Augmented World Expo this week.
The live demonstration from Qualcomm Head of XR Ziad Asghar included a hypothetical scenario of leaving a phone in the car, running into the supermarket to get some items, and asking the glasses about making fettuccine alfredo.
"My chat wasn't just a simple demo, but a glimpse into how we're turning AI glasses, which have long been considered an accessory, into a standalone, comprehensive capable device," Asghar said.
The RayNeo X3 Pro smart glasses used in the demonstration are powered by Qualcomm's Snapdragon technology.
Tuesday's demonstration is the world's first Gen AI model running on a pair of smart glasses without being paired with a phone or the cloud.
"Just the processor powering the glasses themselves. And this industry milestone was pulled off in front a live audience," Asghar added.
Qualcomm also announced the Snapdragon AR1+ Gen 1 processor at the Augmented World Expo. The company said the processor is 26% smaller than previous generations and brings enhanced image quality, size, power improvement and the ability to run SLMs.
"All four of these traits are critical for compact smart glasses."
Asghar said these features can help open the door "to a revolution in AI smart glasses" and run AI assistants right on the device.
Read Also:<a href="https://www.benzinga.com/m-a/25/06/45832102/qualcomm-bets-2-4-billion-on-alphawave-to-power-ai-data-centers"> Qualcomm Bets $2.4 Billion On Alphawave To Power AI Data Centers</a>
Why It's Important: Asghar said Tuesday's demonstration was one of many examples of what's capable with on-device AI on smart glasses and the work being done by Qualcomm in the augmented reality and mixed reality spaces.
"I anticipate several different form factors, from standalone glasses powerful enough to run AI models themselves, to more lightweight frames linked to phones or nearby small computing ‘pucks' that can link anything from a car to a tablet. What we're doing with our portfolio is getting ready for the future."
Asghar said on-device AI capabilities for smart glasses could also be critical for sectors that need more security and privacy functions.
The demonstration and new Snapdragon processor announcement came as Qualcomm gained momentum in the smart glasses sector.
The company collaborated with Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) and Samsung in December to launch Android XR, an operating system for extended reality with AI at the core of the experience.
Qualcomm has also partnered with Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) on projects like the Meta Quest 3 and Ray-Ban Meta glasses.
"Imagine what these companies will be able to accomplish with smaller, more powerful platforms like Snapdragon AR1+ Gen 1, enabling sleeker form factors that don't compromise on the ability to run AI models."
Asghar said Qualcomm is launching a future of device combinations for its partners to provide superior experiences to customers.
"That's why I know this conversation with my smart glasses' AI assistant is such a pivotal moment – it really marked the beginning of something huge."
Asghar said Qualcomm is just beginning to unlock "the game-changing potential."
QCOM Price Action: Qualcomm stock has traded between $120.80 and $230.63 over the last year. Qualcomm stock is up 2.7% year-to-date in 2025.
Read Next: 
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<li><a href="https://www.benzinga.com/news/earnings/25/04/45115978/qualcomm-beats-q2-expectations-on-earnings-revenue-ceo-highlights-focus-on-critical-factors-we-can-control">Qualcomm Beats Q2 Expectations On Earnings, Revenue: CEO Highlights Focus On &#8216;Critical Factors We Can Control&#8217;</a></li>
</ul>
Photo courtesy of Qualcomm.

Trading Ideas

GOOGL

Qualcomm Unveils Smart Glasses Gen AI Without Phone Or Cloud: 'Beginning Of Something Huge'

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2025/06/09/final-trades-broadcom-qualcomm-and-boeing.html">Halftime Report Final Trades</a>,&#8221; Stephanie Link, chief investment strategist and portfolio manager at Hightower, said Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) reported an outstanding quarter and issued <a href="https://www.benzinga.com/markets/earnings/25/06/45803595/broadcom-q2-earnings-revenue-eps-beat-estimates-driven-by-robust-demand-for-ai-networking-company-sees-acceleration-in-ai-revenue-ahead">conservative guidance</a>.
Broadcom reported second-quarter revenue of $15 billion on June 5, beating analyst estimates of $14.99 billion, according to Benzinga Pro. The semiconductor company also reported second-quarter adjusted earnings of $1.58 per share, beating analyst estimates of $1.56 per share. Broadcom expects third-quarter revenue of approximately $15.8 billion, versus estimates of $15.79 billion. The company anticipates third-quarter adjusted EBITDA of at least 66% of projected revenue.
Joseph M. Terranova, Senior Managing Director for Virtus Investment Partners, said The Boeing Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) has never shown up on a momentum screen in the last five years, but it is starting to do that now.
Lending support to his choice, RBC Capital analyst Ken Herbert, on Monday, maintained Boeing with an Outperform rating and raised the price target from $200 to $230.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Rob Sechan, CEO of NewEdge Wealth, named QUALCOMM Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) as his final trade.
Qualcomm, on Monday, announced it reached an agreement to acquire Alphawave Semi for $2.4 billion. The company said that Alphawave&#8217;s assets will help accelerate its push into the data center market, where demand for low-power, high-performance chips is rising alongside growth in AI workloads.
Price Action:
<ul class="wp-block-list">
<li>Broadcom shares fell 1.1% to close at $244.28 on Monday.</li>
<li>Boeing rose 3.2% to close at $217.51 on Monday.</li>
<li>Qualcomm shares climbed 4.1% to settle at $155.41 during the session.</li>
</ul>
Check This Out: 
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<li><a href="https://www.benzinga.com/news/25/06/45835438/top-3-financial-stocks-that-may-collapse-in-june">Top 3 Financial Stocks That May Collapse In June</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Long Ideas

Broadcom, Qualcomm And An Industrial Stock: CNBC's 'Final Trades'

U.S. stock futures were trading lower on Tuesday after a mixed close on Monday. Futures of major benchmark indices were largely flat in premarket.
Trade discussions between the <a href="https://www.benzinga.com/news/politics/25/06/45854131/trump-says-hes-getting-good-reports-as-scott-bessent-led-delegation-expects-beijing-to-remove-rare-earth-export-curbs">U.S. and China delegations</a> are set to continue on Tuesday in London. &#8211;
Following these initial talks on Monday, U.S. President Donald Trump addressed reporters from the White House, stating: &#8220;We are doing well with China. China&#8217;s not easy. I&#8217;m only getting good reports.&#8221;
Meanwhile, officials from the Trump administration expect China to lift restrictions on exports of rare earth alloys, minerals, and magnets, as trade negotiations between Washington and Beijing continue
The 10-year Treasury bond yielded 4.45% and the two-year bond was at 3.98%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 99.9% likelihood of the Federal Reserve keeping the current interest rates unchanged in its June meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.12%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.03%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>-0.04%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.10%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, were mixed in premarket on Tuesday. The SPY was down 0.0017% at $599.67, while the QQQ advanced 0.026% to $530.84, according to Benzinga Pro data.
Cues From Last Session:
Most sectors on the S&amp;P 500 <a href="https://www.benzinga.com/markets/equities/25/06/45853536/sp-500-settles-higher-amid-us-china-trade-talks-investor-sentiment-improves-fear-index-remains-in-greed-zone">closed on a negative note</a> Monday, with utilities, financials, and consumer staples stocks recording the biggest losses.
However, consumer discretionary and materials stocks bucked the overall market trend, closing the session higher.
Meanwhile, U.S. stocks settled mixed, though the Nasdaq Composite gained more than 50 points during the session as trade talks between U.S. and Chinese officials stoked investor optimism.
Shares of Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) gained more than 4% after the company announced its agreement to acquire Alphawave for $2.4 billion.
Children&#8217;s Place Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLCE#NASDAQ">PLCE</a>) shares dipped 32% as the company posted weaker-than-expected first-quarter results.
On the economic data front, U.S. wholesale inventories rose 0.2% month-over-month to $908.7 billion for April. U.S. consumer inflation expectations for the year ahead eased to 3.2% in May compared to 3.6% in the previous month.
The Dow Jones index ended 1 point or 0.002% lower at 42,761.76, whereas the S&amp;P 500 index rose 0.092% to 6,005.88. Nasdaq Composite advanced 0.31% to 19,591.24, and the small-cap gauge, Russell 2000, gained 0.57% to end at 2,144.45.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>0.31%</td>
<td>19,591.24</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.092%</td>
<td>6,005.88</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.002%</td>
<td>42,761.76</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.57%</td>
<td>2,144.45</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
The U.S. economy and stock market face a &#8220;confluence of challenges&#8221; in the second half of the year, noted Charles Schwab &amp; Co. Inc. in its mid-year outlook.
&#8220;Tariff-induced inflation, fiscal imbalances, and signs of labor market cooling contribute to an environment of heightened uncertainty and instability,&#8221; stated the note.
However, with stocks nearing all-time highs, &#8220;the bar is relatively high for the market in the second half of the year.&#8221;
The note also explained that there were &#8220;possibilities&#8221; for things to right with &#8220;tariff rates edging lower, the labor market stabilizing, and inflation remaining under control,&#8221; however, the firm had &#8220;low conviction&#8221; in understanding and predicting where the day-to-day news flow could head.
&#8220;For now, investor sentiment and positive earnings growth are supports, whereas stretched valuations and growth-negative tariff policy are hindrances,&#8221; it added.
The note also highlighted that &#8220;Investors should continue to embrace diversification across and within asset classes, especially given the dominance (this year) of markets outside the United States.&#8221;
Meanwhile, senior economist Jeremy Siegel said in his WisdomTree note that the investor sentiment was benefiting from signals of &#8220;progress or at least a pause&#8221; in U.S.-China trade tensions.
&#8220;I continue to believe the market can digest tariffs of 10% across the board and 30% for China with limited sector-specific increases like aluminum at 50%,&#8221; he stated.
Siegel added that &#8220;Looking ahead, the S&amp;P 500 all-time highs are likely in the absence of major trade shocks. Risks remain, but the economy continues to show resilience.&#8221;
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures</a> 
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Tuesday:
<ul class="wp-block-list">
<li>May&#8217;s NFIB optimism index data will be out by 6:00 a.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>Core &amp; Main Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNM#NYSE">CNM</a>) fell 0.32% in premarket on Tuesday as analysts expect it to report quarterly earnings of 53 cents per share on revenue of $1.85 billion, before the opening bell.</li>
<li>J M Smucker Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SJM#NYSE">SJM</a>) was 0.14% lower ahead of its earnings, which are supposed to be released before the opening bell. Analysts expect earnings of $2.24 per share on revenue of $2.18 billion.</li>
<li>United Natural Foods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNFI#NYSE">UNFI</a>) rose 2.54% as analysts expect it to report quarterly earnings of 21 cents per share on revenue of $7.78 billion, before the opening bell.</li>
<li>Designer Brands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBI#NYSE">DBI</a>) was up 2.41% ahead of its earnings, which are supposed to be released before the opening bell. Analysts expect a quarterly loss of 6 cents per share on revenue of $732.82 million.</li>
<li>Calavo Growers Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVGW#NASDAQ">CVGW</a>) plunged 13.48% after posting downbeat results for its second quarter. The company reported quarterly earnings of 40 cents per share, which missed the analyst consensus estimate of 53 cents per share.</li>
<li>Casey&#8217;s General Stores Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASY#NASDAQ">CASY</a>) jumped 10.41% after posting better-than-expected earnings for its fourth quarter on Monday. The company reported quarterly earnings of $2.63 per share, which beat the analyst consensus estimate of $2.01 per share.</li>
<li>Marin Software Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRIN#NASDAQ">MRIN</a>) surged 64.71% after it entered into a non-binding letter of intent with a private equity firm to explore a potential transaction.</li>
<li>Klotho Neurosciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLTO#NASDAQ">KLTO</a>) zoomed 52.20% after announcing promising new study findings. Its licensed therapy showed potential to reduce age-related degeneration and significantly increase healthy lifespan.</li>
<li>Venus Concept Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERO#NASDAQ">VERO</a>) advanced 23.92% after closing its registered direct offering, raising $1.15 million through the sale of 434,720 shares at $2.65 per share.</li>
<li>Baiya International Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIYA#NASDAQ">BIYA</a>) dropped 35.77% after announcing a partial waiver of IPO lock-up last week. The waiver allows the sale of 2,950,000 shares.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 0.21% to hover around $65.43 per barrel.
Gold Spot US Dollar rose 0.09% to hover around $3,328.82 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was higher by 0.24% at the 99.1790 level.
Asian markets were mixed on Tuesday as China&#8217;s CSI 300 and Hong Kong's Hang Seng indices fell. Australia's ASX 200, Japan's Nikkei 225, India's S&amp;P BSE Sensex, and South Korea's Kospi indices rose. European markets were also mixed in early trade.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45834705/mohamed-el-erian-warns-of-worrisome-chinese-trade-data-looming-over-us-negotiations">Mohamed El Erian Warns Of &#8216;Worrisome&#8217; Chinese Trade Data Looming Over US Negotiations, But Bob Elliott Sees &#8216;Little Urgency&#8217; For China To Sign A &#8216;Disadvantageous Deal&#8217; </a></li>
</ul>
Photo courtesy: Shutterstock

BIYA

CASY

CVGW

KLTO

MRIN

PLCE

UNFI

VERO

US Stocks Likely To Open Lower: Equities Face 'High Bar' Amid Tariff-Fueled Volatility In The Second Half Of 2025, Says Analyst

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