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Qualcomm to report Q4 earnings amid slowing smartphone and PC sales

FROM THE WIRE · FINANCE.YAHOO.COM

Qualcomm (QCOM) will report its fourth quarter earnings after the bell Wednesday, as investors look for continued signs of revenue growth beyond the smartphone market. The chip giant is in the midst of a wide-ranging effort to bolster its data center, automotive, edge computing…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralEarnings from a major chipmaker are relevant for the semiconductor sector, though the outcome is uncertain.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Qualcomm will report fourth quarter results after the close on Wednesday.
  2. 02The company is diversifying into data center, automotive, edge computing and PC.
  3. 03Qualcomm announced a deal to provide technology to SpaceX's Starlink.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
QUALCOMM IncorporatedQCOMStock166.26 USD-2.32%today +1.12%Neutral Intel Corp.INTCStock58.29 USD-2.05%today -3.73%Neutral Advanced Micro Devices, Inc.AMDStock481.97 USD-0.99%today -0.40%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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