QUALCOMM, Inc. (QCOM) and Broadcom on a Collision Course

NASDAQ: QCOM | QUALCOMM Incorporated News, Ratings, and Charts

QCOM – The race to be the leader in next-gen Wi-Fi is still taking shape.

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!

QUALCOMM, Inc. (NASDAQ:QCOM) has designs on being the clear cut leader when it comes to next-gen Wi-Fi, but the same can be said for one of its key rivals. That means that Qualcomm and Broadcom are on a collision course of sorts as the battle continues to take shape.   

Marketwatch shares some insight into the situation at hand for Qualcomm.

Just before that earnings call, Broadcom pushed out a press release claiming to have shipped the first “802.11ax compliant SoC” (system-on-a-chip) for its partners.

The competition isn’t sitting still, and Qualcomm QCOM, +2.75% is likely the leader in the 802.11ax hardware race today. Despite conflicting claims of who was first, the San Diego-based communications giant announced chips shipping for the new Wi-Fi revision as early as February 2018.

In a piece for Marketwatch, Shrout Research’s Ryan Shrout lays out the details of where both Broadcom and Qualcomm stand at the moment. As he sees it, there’s no way that they don’t wind up going toe to toe as the battle rages on.

“All players have a chance to win from this, but it will be a fight between the two networking giants of Qualcomm and Broadcom for that leadership position,” he wrote.

QUALCOMM, Inc. shares rose $2.31 (+3.22%) in premarket trading Thursday. Year-to-date, QUALCOMM Incorporated (QCOM - Get Rating) has gained 18.71%, versus a 9.53% rise in the benchmark S&P 500 index during the same period.

QUALCOMM Incorporated (QCOM - Get Rating) currently has a StockNews.com POWR Rating of A (Strong Buy), and is ranked #3 of 94 stocks in the Semiconductor & Wireless Chip category.

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!

Top Stories on StockNews.com

: hexo | HEXO Corp. Common Shares News, Ratings, and Charts

Why this analyst just rated shares of HEXO a “buy”

Yesterday MKM Partners analyst Bill Kirk initiated coverage of Hexo Corp. (HEXO) with a "buy" rating.
NYSE: SPY | SPDR S&P 500 News, Ratings, and Charts

What is the Worst Case Scenario for Stocks?

We need to consider just how bad things would get for the S&P (SPY) if the China deal fell apart. Yes, other indices would likely take it even harder. Let's review how this would likely unfold and our trading strategies.
: CGC | Canopy Growth Corporation  News, Ratings, and Charts

What's next for Canopy Growth (CGC), as Bruce Linton finally moves on

For the world's largest cannabis company by market cap, Canopy Growth (CGC) has seen its fair share of shake-ups in the past few months.
NYSE: SPY | SPDR S&P 500 News, Ratings, and Charts

What Quadruple Witching Friday Means for Investors

A bigger factor in the dampening of the witching effect is the explosion of new products and expansion of expirations offered. Continue reading to see what quadruple witching Friday means for investors.
NYSE: SPY | SPDR S&P 500 News, Ratings, and Charts

Repo Market Chaos Could Lead to a Crisis

Chaos in short-term funding markets this week forced the Federal Reserve to step in with a series of overnight rescue operations. Continue reading for more details.

Read More Stories


More QUALCOMM Incorporated (QCOM) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All QCOM News
Page generated in 1.497 seconds.