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Qualcomm

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May 6 | Dolphin Research Focus: Macro/Industry. The US SEC has proposed allowing listed companies to voluntarily file semiannual reports instead of quarterly reports, reducing periodic disclosures from four times a year to two. 🐬Companies could continue using Form 10-Q or switch to a new Form 10-S for half-year reporting. The proposal now enters a 60-day comment period and would take effect once adopted.The aim is to ease compliance burdens, curb short-termism among management, and support long-term planning. However, lower transparency and delayed data could weaken price discovery and exacerbate information asymmetry...

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Anthropic inks multi-bn compute pact with GOOGL; cloud chips ignite QCOM AI rally | Daily News Recap

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Below are Dolphin Research's Trans for QCOM FY26 Q2 earnings call. For our take, see 'Qualcomm: Will This AI Booster Shot Offset the Handset Weakness?'.I. $Qualcomm(QCOM.US) key takeaways.1) Shareholder returns: $3.7bn was returned to shareholders this quarter. This includes $2.8bn in buybacks and $945mn in dividends, with the capital return program running at an accelerated pace.2) Next quarter (FY26 Q3) guide. Revenue of $9.2-10.0bn...

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QCOM (Trans): Q3 marked the bottom for China Android; signed a new major client for its custom ASICs.

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QCOM reported FY26 Q2 (quarter ended Mar 2026) after the U.S. close on Apr 30 (Beijing time). Key takeaways: 1) Core metrics.Revenue was $10.6bn, down 3.5% YoY, in line with consensus ($10.56bn). The renewed decline reflected a sluggish downstream handset market.GPM was 53.8% (-120bps YoY), below consensus at 54.6%. Amid memory shortages...

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QCOM: Can the AI boost offset handset softness?

QCOM Q2 FY26 First Take: Revenue was in line with market expectations, while the decline in GPM was driven by a weak downstream handset market and memory shortages/price hikes. These factors weighed on margins in the QCT hardware segment.Outside the quarter, guidance for next quarter remains soft. The company guides revenue of $9.2–10.0bn, below the Street’s $10.2bn, and Non-GAAP EPS of $2.10–2.30, also below $2.38. This points to continued pressure on revenue and GPM next quarter.The largest drag comes from handsets: the company expects next-quarter handset revenue of about $4.9bn, down over 20% YoY, mainly due to tight memory supply. Memory shortages continue to bite and the handset market remains sluggish. Apple’s ongoing in-house baseband development also adds pressure for Qualcomm.The prior share price decline suggests these headwinds are largely understood and priced in. In other words, current results are weak and the market already knows it.Therefore, even a below-consensus guide is having a diminishing impact on the stock. Versus sluggish legacy businesses, investors are more focused on Qualcomm’s AI progress, including data center AI and on-device AI.Recent reports of an on-device AI collaboration with OpenAI sparked a double-digit rally in the shares. As long as management delivers more AI partnerships or order updates, it should add to market expectations. For more details, stay tuned for Dolphin Research’s follow-ups and call Trans. $Qualcomm(QCOM.US) $GraniteShares 2x Long QCOM Daily ETF(QCML.US)

GraniteShares 2x Long QCOM Daily ETF

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0429 | Dolphin Research Focus: 🐬 Macro/Industry 1) The Fed will hold its policy meeting in Washington this week, with the decision due Wed 2:00pm ET (Thu 2:00am Beijing). Markets will focus on the rate decision, policy stance and forward guidance on the easing path.With growth and inflation still resilient, consensus expects rates to be kept on hold this time. 🐬 Single Stocks 1) $NIO-SW(09866.HK) $NIO Inc(NIO.US) Under Nio’s ONVO brand, the smart dual-cockpit, large five-seat flagship SUV ONVO L80 has been introduced. Pre-sales have started.

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Fed decision due tonight; NIO's ONVO L80 pre-sale in focus | Daily News Recap

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0427 | Dolphin Research Focus: 🐬 Macro/Industry1) Last week, DeepSeek surprise-launched its flagship foundation model DeepSeek-V4 and fully open-sourced it, a key market catalyst. With AI advances as a tailwind, semis extended gains today: the Hong Kong Semiconductor Index jumped 5%+, led by SMIC and Hua Hong Semiconductor.The new model is tuned for domestic compute and pursues a non-CUDA stack, expanding edge-AI use cases and sustaining demand for local chips. Flows continue to pile into themes of self-reliant compute and domestic substitution...

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DeepSeek-V4 open-sourced, igniting the AI compute supply chain; Tencent's QClaw rolls out a major update | Daily News Recap

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Xiaomi Corp (1810.HK) released Q4 2025 results (quarter ended Dec 2025) after the HK close on Mar 24, 2026 (Beijing time). Key takeaways: 1) Overall performance.Revenue was RMB 116.9bn (+7% YoY), with all growth driven by the Auto biz, while legacy Smartphones &amp; AIoT revenue fell 13.7% YoY. GPM retreated to 20.8%, mainly on sharp margin compression in Smartphones and IoT. Auto margins also started to decline this quarter...

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Xiaomi: Heaven to Hell — What Still Anchors Conviction?---

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0303 | Dolphin Research Focus: 🐬 Macro/Industry1) Today, both Hong Kong and A-share markets sold off sharply as Middle East geopolitical tensions escalated. Qatar's LNG output halted and the Strait of Hormuz was blocked, stoking fear across markets.Money rotated out of equities and other high-risk assets into safe havens such as gold and crude. Risk assets globally came under pressure.Meanwhile, oil spiked, lifting inflation expectations. Investors fear the Fed may delay its rate-cut cycle, putting high-valuation growth tech under pressure. The Hang Seng Tech index led the declines.

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Geopolitical shock triggers broad selloff; AAPL's budget 17e launch props up sentiment｜Daily News Recap

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Below is Dolphin Research's ARM FY2026 Q3 earnings call Trans. For our detailed read-through, see 'ARM: AI tailwinds intact, but smartphones are the current drag?'.Key takeaways: 1) Next-quarter guide: revenue of $1.42-1.52bn (mid-point +18% YoY). Within that, licensing is expected to grow at a high double-digit pace (~20% YoY); royalties are guided to low double-digit growth (11-13% YoY).Memory supply is not the main swing factor. The outlook is driven more by seasonality and a tough comp vs. last year...

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ARM (Trans): Handset exposure limited; FY2027 to sustain 20% growth

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Feb 5 | Dolphin Research Focus: 🐬 Stock 1, $XIAOMI-W(01810.HK) Lei Jun announced the next-gen Xiaomi SU7 is slated to go on sale in Apr 2026, with small-deposit preorders opening in parallel. The new model makes LiDAR standard across the lineup and upgrades ADAS, range, and chassis tuning.Low-threshold preorders should quickly lock in intent buyers and build backlog toward the annual delivery target. The iteration also closes gaps from the first-gen model.In the near term, this should lift sales expectations for Xiaomi Auto. We will track the production ramp, order conversion, and rivals' price cuts...

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AAPL plans a low-cost MacBook; Lei Jun says the new SU7 is set for Apr | Daily News Recap

RiverFront Increases Qualcomm Stake by 48.1% to 8,038 Shares, Qualcomm Announces $20B Buyback Plan

Qualcomm Announces 2026 QITC Edge AI Contest Finalists, Focusing on 10 Taiwanese Startups

Qualcomm Secures a Major Data Center Customer

Qualcomm Reports Beat Earnings, Announces $20B Buyback, Receives Average Hold Rating

Commerce Minister Wang Wentao Meets Qualcomm CEO Anand, Discusses China-US Trade and Operations in China

CCPIT President Meets Qualcomm and Cargill Executives to Discuss China-US Economic Cooperation on May 15

FactSet: Qualcomm Target Price Raised, Stock Performance Outperforms Market

Qualcomm Opens New R&D Center in Hanoi, Vietnam

Qualcomm and MediaTek Leverage TSMC's N2P Process to Compete with Apple in Performance

Qualcomm CEO Predicts 2026 as the Year of AI Agents

Daiwa Securities Upgrades Qualcomm to 'Outperform'

CORDA Investment Management LLC Increases Qualcomm’s Shareholding

Qualcomm Launches Snapdragon 6 Gen 5 and Snapdragon 4 Gen 5 Mobile Platforms

Qualcomm CEO Cristiano Amon Sells 10,000 Shares

USITC Terminates Investigation of Qualcomm Technologies Based on Settlement

BofAS Raises Qualcomm's Target Price to $165

BofA Securities Predicts Qualcomm's QCT Smartphone Revenue to Recover in Next Quarter

Mutual Advisors LLC Reduces Holdings in Qualcomm

Qualcomm Reveals Q2 Earnings and Predicts Q3 Revenue in Earnings Call

AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

Qualcomm(QCOM.US)

RiverFront Investment Group LLC Has $1.38 Million Stock Position in Qualcomm Incorporated $QCOM

BRIEF-AI Chip Startup Tenstorrent Draws Takeover Interest From Intel, Qualcomm- Bloomberg News

Qualcomm Inc. Stock Outperforms Competitors On Strong Trading Day

Quant ratings on Coatue Management's top holdings: TSM, GEV, LRCX, AMAT, AVGO

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Stronghold Wealth Management L.L.C. Invests $465,000 in Qualcomm Incorporated $QCOM

Huge news for Qualcomm stock investors

Qualcomm stock slides as analysts split on valuation outlook

4,159 Shares in Qualcomm Incorporated $QCOM Bought by Burford Brothers Inc.

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