Latest news with #QUALCOMM
Yahoo
20 hours ago
- Automotive
- Yahoo
Silicon Motion Validates UFS Solution's Compatibility with QUALCOMM's (QCOM) Automotive Platform
QUALCOMM Incorporated (NASDAQ:QCOM) is one of the 10 undervalued tech stocks flying under Wall Street's radar. On June 26, Silicon Motion (NASDAQ:SIMO) announced that it had completed compatibility validation of its Universal Flash Storage (UFS) solution with QUALCOMM's Snapdragon Cockpit SA8295P platform. The Snapdragon Cockpit SA8295P platform is a high-performance automotive platform. Kārlis Dambrāns/Flickr According to Silicon Motion, its UFS solution supports UFS 3.1 advanced features, including HS-Gear4 x 2-lane mode and command queuing. It is designed to deliver superior performance, multitasking support, and high reliability for automotive applications. The compatibility enables automotive customers to confidently adopt the UFS solution in designs utilizing the SA8295P platform for Automotive Safety Integrity Level B (ASIL-B) applications. ASIL-B is a safety standard for automotive systems. The collaboration aligns with Qualcomm's broader efforts to advance automotive technologies. This includes intelligent cockpit solutions, as seen in other partnerships, such as the one with PATEO CONNECT for the Snapdragon Cockpit Elite platform. QUALCOMM Incorporated (NASDAQ:QCOM) is a semiconductor and wireless technology company. It designs and sells chips and software for smartphones, vehicles, and connected devices under its QCT segment and licenses its wireless patents through the QTL segment. Its best-known brand is Snapdragon, which powers many Android phones and automotive systems. While we acknowledge the potential of QCOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
2 days ago
- Business
- Globe and Mail
NVIDIA Stock Near 52-Week High: Time to Lock in Gains or Stay Put?
NVIDIA Corporation NVDA stands as a titan in the semiconductor industry, powered by its strong presence in the artificial intelligence (AI) chip space and solid financial health. The stock closed at $153.30 on July 1, shy of its recently hit 52-week high of $158.71 on June 27, reflecting strong investor confidence in NVIDIA's prospects. Year to date, shares of NVIDIA have gained 14.1% compared with the Zacks Computer and Technology sector's rise of 5.6%. Additionally, the company has outperformed major semiconductor stocks, including Intel Corporation INTC, Advanced Micro Devices, Inc. AMD and QUALCOMM Incorporated QCOM. Shares of Intel, Advanced Micro Devices and QUALCOMM have rallied 13.9%, 12.6% and 3.7%, respectively. This outperformance shows investors are becoming increasingly confident in NVIDIA's long-term story, even in a volatile market shaped by trade conflicts and geopolitical risks. We believe this momentum is grounded in strong fundamentals, and NVDA's long-term outlook justifies a hold position for now. YTD Price Return Performance AI Demand Keeps Driving NVIDIA's Growth Story NVIDIA's most powerful growth engine continues to be its Data Center business. In the first quarter of fiscal 2026, the segment brought in $39.1 billion in revenues, a staggering 89% of total company sales. This represents 73% year-over-year growth and a 10% sequential rise, primarily fueled by the explosive demand for AI. The company's cutting-edge Hopper 200 and Blackwell GPU platforms are being rapidly adopted, as cloud and enterprise customers race to scale up AI infrastructure. A large chunk of this growth is coming from hyperscalers, who are betting big on NVIDIA's GPUs to support their expanding AI workloads. With the Blackwell architecture promising up to 25x better AI inference performance than Hopper 100, NVIDIA continues to raise the bar. The upcoming Blackwell Ultra and Vera Rubin platforms are likely to strengthen the company's position further as global demand for AI computing accelerates. NVIDIA's Financials Stay Strong Despite China Headwinds Despite some geopolitical setbacks, NVIDIA's financials remain rock solid. In the first quarter of fiscal 2026, revenues jumped 69% from the year-ago quarter, while non-GAAP earnings per share rose 33%. Even with an $8 billion expected revenue hit in the second quarter due to export restrictions on its H20 chips in China (after a $2.5 billion revenue loss in the first quarter), NVIDIA remains confident in its momentum. Its second-quarter guidance of $45 billion in revenues marks a 50% jump from the same quarter last year. Wall Street sees this trend continuing. The Zacks Consensus Estimate projects revenue growth of 51.4% in fiscal 2026 and 25.2% in 2027, with earnings growth of 41.8% and 31.8%, respectively. These numbers reinforce NVIDIA's position as a long-term growth story, one that remains intact despite near-term geopolitical hurdles. NVIDIA's High Valuation Warrants a Caution Valuation-wise, NVIDIA is overvalued, as suggested by the Zacks Value Score of D. In terms of forward 12-month Price/Earnings (P/E), NVDA shares are trading at 31.91X, higher than the sector's 26.7X. Compared with other major semiconductor players, NVIDIA is trading at a lower P/E multiple than Intel while at a higher multiple than Advanced Micro Devices and QUALCOMM. At present, Intel, Advanced Micro Devices and QUALCOMM are trading at P/E multiples of 44.84X, 28.53X and 13.52X, respectively. Final Thoughts: Stick to NVDA Stock NVIDIA's dominance in AI chips, robust growth in its data center segment and strong financials make a good case for holding the stock. The valuation looks high, but when a company's growth engine is so powerful, sometimes the premium is worth paying. NVIDIA carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC): Free Stock Analysis Report QUALCOMM Incorporated (QCOM): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report This article originally published on Zacks Investment Research (
Yahoo
23-06-2025
- Business
- Yahoo
Why Income Investors Are Paying Attention to QUALCOMM
QUALCOMM Incorporated (NASDAQ:QCOM) is one of the 10 Technology Dividend Aristocrats to Buy in 2025. QUALCOMM Incorporated (NASDAQ:QCOM) is a California-based multinational company that creates semiconductor software and services related to wireless technology. The company is increasingly catching the eye of income-focused investors thanks to its ability to strike a balance between technological innovation and steady income distribution. An aerial view of a bustling semiconductor production zone showcasing the company's integrated circuits. QUALCOMM Incorporated (NASDAQ:QCOM) currently pays a quarterly dividend of $0.89 per share, following a 4.7% increase announced in March. This marked its 21st consecutive year of dividend hikes, putting it just four years away from achieving a prestigious Dividend Aristocrat status. While strong cash flow supports this dividend growth, it's the company's prudent payout ratio that truly supports its dividend strength. Over the past five years, QCOM has maintained an average payout ratio of 40%, and its trailing twelve-month figure is even lower at 34.6%. These numbers indicate ample financial flexibility for reinvestment, innovation, and rewarding shareholders. In the most recent quarter, QUALCOMM Incorporated (NASDAQ:QCOM) spent $2.2 billion on research and development and distributed $938 million in dividends, demonstrating its ability to invest in growth while maintaining consistent shareholder returns. The company closed the quarter with $7.2 billion in cash and equivalents and reported $7.1 billion in operating cash flow, an increase from $6.5 billion a year earlier. As of June 22, QUALCOMM offers a dividend yield of 2.35%. While we acknowledge the potential of QCOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None. Sign in to access your portfolio
Yahoo
23-06-2025
- Business
- Yahoo
Why Income Investors Are Paying Attention to QUALCOMM
QUALCOMM Incorporated (NASDAQ:QCOM) is one of the 10 Technology Dividend Aristocrats to Buy in 2025. QUALCOMM Incorporated (NASDAQ:QCOM) is a California-based multinational company that creates semiconductor software and services related to wireless technology. The company is increasingly catching the eye of income-focused investors thanks to its ability to strike a balance between technological innovation and steady income distribution. An aerial view of a bustling semiconductor production zone showcasing the company's integrated circuits. QUALCOMM Incorporated (NASDAQ:QCOM) currently pays a quarterly dividend of $0.89 per share, following a 4.7% increase announced in March. This marked its 21st consecutive year of dividend hikes, putting it just four years away from achieving a prestigious Dividend Aristocrat status. While strong cash flow supports this dividend growth, it's the company's prudent payout ratio that truly supports its dividend strength. Over the past five years, QCOM has maintained an average payout ratio of 40%, and its trailing twelve-month figure is even lower at 34.6%. These numbers indicate ample financial flexibility for reinvestment, innovation, and rewarding shareholders. In the most recent quarter, QUALCOMM Incorporated (NASDAQ:QCOM) spent $2.2 billion on research and development and distributed $938 million in dividends, demonstrating its ability to invest in growth while maintaining consistent shareholder returns. The company closed the quarter with $7.2 billion in cash and equivalents and reported $7.1 billion in operating cash flow, an increase from $6.5 billion a year earlier. As of June 22, QUALCOMM offers a dividend yield of 2.35%. While we acknowledge the potential of QCOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None.
Yahoo
24-05-2025
- Business
- Yahoo
QUALCOMM Incorporated (QCOM)'s Yield Catches Wolfe's Eye
Traditionally, tech stocks weren't known for offering dividends, but that's been changing as more companies in the sector begin returning capital to shareholders this way. This shift has drawn the attention of dividend-focused investors. Wolfe Research recently highlighted this trend by identifying stocks that fall into the second-highest tier of dividend yields—those paying out between 60% and 80% of the top yields—while also maintaining relatively low price-to-earnings ratios. This middle tier of dividend payers can be appealing to income investors because the highest-yielding stocks often face a greater risk of dividend cuts if their financial health deteriorates. QUALCOMM Incorporated (NASDAQ:QCOM) appeared on Wolfe's list. The company offers a dividend yield of 2.4%, and its stock has dipped only about 5% so far this year. Its forward P/E ratio stands at 12.55. Based in California, QUALCOMM Incorporated (NASDAQ:QCOM) is a global player in semiconductors, software, and wireless technology services. It has a strong track record when it comes to dividends, having increased its payouts for 21 consecutive years. In the latest quarter alone, QUALCOMM returned $2.7 billion to shareholders, including $938 million through dividends. Other analysts are also optimistic about QUALCOMM Incorporated (NASDAQ:QCOM). Nearly half of those covering the stock rate it as a Buy or Strong Buy, and LSEG data suggests the stock could climb nearly 20% from current levels. While we acknowledge the potential of QCOM as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than QCOM but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ MORE: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
