Neutral
Qualcomm's stock dips 0.38% to $164.19 amid AI investments and Q3 earnings.
In the past 24 hours, Qualcomm's stock experienced a slight decline of 0.38%, closing at $164.19. This movement follows the company's recent AI-focused investments and the release of its Q3 fiscal 2026 earnings report.
Key points
- Qualcomm's stock closed at $164.19 on August 28, 2026, down 0.38% from the previous close.
- The company reported Q3 fiscal 2026 earnings on July 29, 2026, with revenue of $9.95 billion and earnings per share (EPS) of $2.21, slightly missing analyst expectations.
- Qualcomm announced a quarterly cash dividend of $0.92 per share, payable on September 24, 2026, to shareholders of record as of September 3, 2026.
- The company is focusing on AI investments, including a recent acquisition of Modular Inc., aiming to enhance its AI capabilities.
Sources
AI-generated from public news sources. Not financial advice.
