$QCOM Rose in 6 of the Last 10 Days —Is the Momentum Justified?

Court: S.D. California

Case: 3:17-cv-00121

Qualcomm has shown resilience, closing higher on 6 of the last 10 trading days. While it's slightly down over the past month, the stock is still holding on to nearly 3% gains year-to-date, signaling stability in a volatile market.

What's driving these results?

First, the optimism around Qualcomm’s work on 2nm chip development, plus strong momentum in AI. The company’s Q2 FY2025 numbers were solid too: 17% YoY revenue growth and a 22% jump in EPS.

With its latest announcements, Qualcomm shows that is pushing beyond smartphones. They’re leaning into automotive, IoT, and edge AI.

They're looking for a real shift toward being a broader player in the semiconductor space, not just the mobile chip giant.

More QCOM updates:

In other news, Qualcomm is still paying investors the $75M settlement over hiding anticompetitive practices and weak financial reporting controls in 2017. If you invested back then, you may be eligible for payment. You can check the details and file for payment here.