QUALCOMM Incorporated·Technology

Today, April 10, 2026, broader software AI anxiety contrasts with resilience in chip and AI hardware stocks.
Intel and Qualcomm ramp up AI chip strategies, deepening partnerships and expanding portfolios as competition intensifies across key semiconductor markets.

Snap Inc (NYSE:SNAP) has announced a new multi-year agreement with Qualcomm Inc (NASDAQ:QCOM, XETRA:QCI) to power future generations of its augmented reality (AR) eyewear with Snapdragon processors. The deal centers on Snap's subsidiary, Specs, which is preparing to launch a new product line called “Specs” later this year.
Live Updates The analyst who called NVIDIA in 2010 just named his top 10 AI stocks Wall Street is pouring billions into AI, but most investors are buying the wrong stocks. The analyst who first identified NVIDIA as a buy back in 2010 - before its 28,000% run - has just pinpointed 10 new AI... Live Nasdaq Composite: Market Recovery Underway Amid Economic Tailwinds

All the Magnificent 7 stocks that absolutely ruled the S&P 500 for three years are down in 2026, and with their decline, a tidy $ 2.1 trillion in market capitalization has been removed and is gone with the wind.

Specs, the Snap smart glasses unit formed early this year, will use Qualcomm chips for its upcoming devices under a multi-year deal announced on Friday, marking its first major move.
QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. The company operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA,LTE and/or OFDMA-based 5G standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, and IoT, and investment for supporting the design and introduction of new products and services for voice and data communications, new industries, and applications. It also provides development, and other services and related products to the United States government agencies and their contractors. QUALCOMM Incorporated was incorpotared in 1985 and is headquartered in San Diego, California.
Technology
Semiconductors
49,000
1991-12-13
1.28