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Qualcomm has entered early discussions with Intel to explore a potential acquisition, marking a significant shift in the semiconductor industry. Reports from Reuters suggest that these discussions, led by Qualcomm’s CEO Cristiano Amon, are still in the preliminary stages, with no formal offer...
Overview:
For the quarter ended June 2024, Qualcomm (QCOM) reported revenue of $9.39 billion, an increase of 11.1% over the same period last year. EPS came in at $2.33, compared to $1.87 in the year-ago quarter.
The revenue represents a surprise of +1.79% over the Zacks Consensus Estimate of...
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