What's Going On With Qualcomm (QCOM) Shares
Portfolio Pulse from Henry Khederian
Shares of Qualcomm Inc (NASDAQ:QCOM) are trading higher by 2.49% to $132.71, potentially in sympathy with ON Semiconductor after the company reported strong earnings. The strong earnings report from ON Semiconductor may lead investors to be more optimistic about the overall semiconductor market, including Qualcomm's business prospects.
July 31, 2023 | 5:22 pm
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Qualcomm's stock is trading higher, potentially due to strong earnings reported by ON Semiconductor. This could lead to increased optimism about Qualcomm's business prospects.
Qualcomm's stock is trading higher, potentially due to the strong earnings reported by ON Semiconductor. As both companies operate in the semiconductor industry, strong performance from one can influence investor sentiment towards the sector, potentially benefiting Qualcomm.
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