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semiconductor / news / / Seeking Alpha

Qualcomm (QCOM) shares shot up more than 8% during early Thursday market action.

Qualcomm shares rose over 8% despite weak Q2 results and a disappointing Q3 outlook.

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Apr 30, 2026, 9:36 AM ETQUALCOMM Incorporated (QCOM) StockINTC, AVGOBy : Brandon Evans, SA News Editor Comments Qualcomm (QCOM) shares shot up more than 8% during early Thursday market action despite reporting weak second-quarter results and a third-quarter outlook below expectations, as investors focus on the company's plan to begin shipping custom silicon to a major Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities. Subscribe to Newsletters
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