Shares of Qualcomm (NASDAQ:QCOM) have fallen today, down by 8% as of 12:05 p.m. EST, following a Bloomberg report that Apple (NASDAQ:AAPL) … The Nasdaq Stock Market is rising 0.47% to $12,435.40, following yesterday’s upward trend, on what up until now seems, a somewhat positive trend exchanging session today. The Qualcomm earnings news also includes guidance for fiscal Q1 2021. QUALCOMM has been somewhat immune to the crisis with its shares jumping 4.48% to $156.63 at 12:06 EST on Friday, after two successive sessions in a row of losses. The company is announcing today that its latest premium mobile chipset is the Snapdragon 888, and it’ll be in Xiaomi’s upcoming Mi 11 flagship. As part of the transaction, NUVIA founders Gerard Williams III, Manu Gulati and John Bruno, and their employees will be joining Qualcomm. News. Find real-time QCOM - Qualcomm Inc stock quotes, company profile, news and forecasts from CNN Business. Qualcomm Incorporated includes Qualcomm's licensing business, QTL, and the vast majority of its patent portfolio. Qualcomm price target raised to $180 from $175 at KeyBanc 01/05/21 Wells Fargo Wells Fargo sees 'seamless transition' for new Qualcomm CEO 01/05/21 Canaccord Qualcomm price target raised to $180 from $175 at Canaccord. Hadlee Simons. Qualcomm has launched its second-generation in-display fingerprint scanning technology called 3D Sonic Gen 2 that comes with a larger surface area … Pre-order the Samsung Galaxy S21 today! Qualcomm is a strong partner to us. It looks like news of a looming trade war between the U.S. and China is causing problems for Qualcomm today. View real-time stock prices and stock quotes for a full financial overview. We are excited for the future of our partnership as Qualcomm advances and expands its portfolio and capabilities with the addition of NUVIA,” said S.Y. Augmenting its leading technology roadmap to redefine computing performance Evan graduated from the University of Texas at Austin, and is a CFA charterholder. Qualcomm’s commitment to platform technology will help us offer the premium smartphone performance to our users around the world," said ΤM Roh, President and Head of Mobile Communications Business, Samsung Electronics.Â. Materials that are as of a specific date, including but not limited to press releases, presentations, blog posts and webcasts, may have been superseded by subsequent events or disclosures. Why Apple isn't helping Qualcomm keep the … Sharp: “With Qualcomm’s expertise and leading technologies, we have been able to deliver cutting edge devices and premium mobile experiences and we welcome the addition of NUVIA to extend Qualcomm’s leadership and enhance their capabilities,” said Shigeru Kobayashi GM, Sharp Personal Communications Group. Evan is a senior technology specialist at The Motley Fool. At CES 2021 today, Qualcomm unveiled a new in-screen fingerprint sensor that it says is 50% faster and 77% larger than its previous technology. Qualcomm has not revealed the upcoming Android phones that will come equipped with its latest technology but given the Covid-19 pandemic where people have to wear masks to avoid contracting masks, fingerprint scanners are more practical.. Samsung Galaxy S21 series may be the first to sport it. Hot Stocks; Rumors; General News; Periodicals; Earnings; Tech Analysis; Options; Syndicate; On The Fly. “The combination of NUVIA and Qualcomm will bring the industry’s best engineering talent, technology and resources together to create a new class of high-performance computing platforms that set the bar for our industry. Sushant Talwar New Delhi December 1, 2020 UPDATED: December 1, 2020 21:12 IST. References to "Qualcomm" may mean Qualcomm Incorporated, or subsidiaries or business units within the Qualcomm corporate structure, as applicable. “CPU performance leadership will be critical in defining and delivering on the next era of computing innovation,” said Gerard Williams CEO of NUVIA. View the latest Qualcomm Inc. (QCOM) stock price, news, historical charts, analyst ratings and financial information from WSJ. Qualcomm Incorporated includes Qualcomm's licensing business, QTL, and the vast majority of its patent portfolio. Qualcomm just snapped up Apple’s chief architect and his CPU startup. The company’s founders and employees are expected to join Qualcomm following completion of the deal by US regulators. Apple was forced to settle its legal complaints with Qualcomm last year in order to secure 5G modems from Qualcomm after Intel failed to deliver a viable component, which is how this year's iPhone 12 models all have 5G support. News. The Company operates through three segments: QCT (Qualcomm CDMA Technologies) segment, QTL (Qualcomm Technology Licensing) segment and QSI (Qualcomm Strategic Initiatives) segment. Accelerating successful partnerships with OS providers for next-generation computing devices Qualcomm products referenced on this page are products of Qualcomm Technologies, Inc. and/or its subsidiaries. We couldn’t be more excited for the opportunities ahead.”, Qualcomm’s broad ecosystem of partners have voiced strong support for this acquisition:Â, Microsoft: “It’s exciting to see NUVIA join the Qualcomm team.  The addition of NUVIA will extend Qualcomm’s Snapdragon platforms industry leadership helping Xiaomi to continue to bring innovation and next level premium mobile experiences to Mi fans around the world,” said Lei Jun, Chairman and CEO, Xiaomi.Â. Continental: “Continental looks forward to the addition of NUVIA as we continue to partner with Qualcomm in bringing advanced capabilities to next generation vehicles,” said Peter Popp as head of purchasing, Vehicle Networking and Information, Continental. Sony:  "We have enjoyed a great collaboration with Qualcomm for many years and are excited to hear the NUVIA team will be joining Qualcomm. It has QCOM expecting adjusted EPS of $1.95 to $2.15 on revenue of $7.8 billion to … “The NUVIA team are proven innovators, and like Qualcomm, have a strong heritage in creating leading technology and products. Qualcomm and Snapdragon are trademarks or registered trademarks of Qualcomm Incorporated. Qualcomm videos and latest news articles; GlobalNews.ca your source for the latest news on Qualcomm . Qualcomm Snapdragon 888 5G announced, coming to phones like OnePlus 9 Pro and Mi 11 next year . Qualcomm Technologies, Inc, a subsidiary of Qualcomm Incorporated has entered into a definitive agreement to acquire high-performance computing startup Nuvia.Qualcomm will … Jan 13, 2021 -- SAN DIEGO-- Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Technologies, Inc., has entered into a definitive agreement to acquire NUVIA for approximately $1.4 billion before working capital and other adjustments.The transaction is subject to customary closing conditions, including regulatory approval under the Hart-Scott-Rodino … View today's stock price, news and analysis for Qualcomm Inc. (QCOM). NUVIA comprises a proven world-class CPU and technology design team, with industry-leading expertise in high performance processors, Systems on a Chip (SoC) and power management for compute-intensive devices and applications. Qualcomm’s Latest Flagship Snapdragon 888 5G Mobile Platform to Power the New Samsung Galaxy S21 Series, Qualcomm and NIO Bring Immersive Driving Experiences with Intelligent Cockpit and 5G Technologies to NIO ET7, Qualcomm Announces Cristiano Amon Appointed Chief Executive Officer-Elect. Together, we are very well positioned to redefine computing and enable our ecosystem of partners to drive innovation and deliver a new class of products and experiences for the 5G era.”, “Creating high performance, low-power processors and highly integrated, complex SoCs are part of our DNA,” said Jim Thompson, Chief Technology Officer of Qualcomm. Image source: Getty Images. “5G, the convergence of computing and mobile architectures, and the expansion of mobile technologies into other industries are significant opportunities for Qualcomm,” said Cristiano Amon, President and CEO-Elect, Qualcomm Incorporated. QUALCOMM TODAY . SlashGear. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Qualcomm Technologies, Inc., a wholly-owned subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm's engineering, research and development functions, and substantially all of its products and services businesses. Nothing in these materials is an offer to sell any of the components or devices referenced herein. The Company is engaged in the development, launch and expansion of technologies like fifth-generation (5G). Insights; Mkt. ", Samsung: “With NUVIA joining the Qualcomm team, we look forward to continuing to innovate and building incredible experiences together. Lenovo: “With Qualcomm we delivered the world’s first 5G connected PC. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. About NUVIA Inc.Headquartered in Santa Clara, NUVIA was founded on the promise of reimagining silicon design for high-performance computing environments. Qualcomm Technologies, Inc., a wholly-owned subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm's engineering, research and development functions, and substantially all of its products and services businesses. These are the best 5G phones available today See more Computing news Acer: “Together with Qualcomm we have delivered a new generation of thin and light always connected PCs and Chromebooks. Bosch: “The automotive industry is evolving at an unprecedented pace of innovation. Market Stories. Buy now! Search. Stock Advisor launched in February of 2002. Our partnership with Qualcomm has always been about providing great experiences on our products. Nuvia, a server chip startup led by a former Apple chip architect, is expected to become part of mobile chipmaker Qualcomm in a $1.4 billion deal announced this … A high-level overview of QUALCOMM Incorporated (QCOM) stock. "The addition of NUVIA extends Qualcomm’s capabilities in these three areas and we're excited to see the next generation of Snapdragon with NUVIA. Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries. Moving forward, we have an incredible opportunity to empower our customers across the Windows ecosystem,” said Panos Panay, Chief Product Officer, Microsoft.Â, Google: "Compute performance, connectivity and power efficiency are critical ingredients that make the billions of Android and Chrome OS devices shine," said Hiroshi Lockheimer, SVP Platforms & Ecosystems, Google.