$QCOM

Qualcomm (QCOM) shares trade around $164.79 after a 22% drop over three months. The article says the stock offers about a 6.0% annual free-cash yield versus a 4.2% S&P 500 median, with operating margin of 23% (three-year average 26%). It cites 28% YoY growth in non-handset revenue and notes management expects its iPhone-launch share to be materially below a prior 20% estimate.

Bloomberg-linked reports say AI infrastructure spending is driving divergent results across semiconductors and software. Samsung’s semiconductor division profit rose more than 250-fold on AI memory demand, while Qualcomm forecast weaker profits tied to smartphone weakness. Hon Hai sales rose 54% on AI server demand, and Cloudflare raised its outlook. IBM cut guidance; Palantir, SAP, and Shopify reported stronger AI or cloud-related metrics.

Apple (AAPL), Micron (MU) and Qualcomm (QCOM) hit 52-week highs as investors cited AI-driven demand. AAPL traded up to $292.13 intraday and closed about flat; MU reached $683.09 and rose on bullish analyst views, including Mizuho raising its MU target to $740. QCOM closed up 5.14%, after an upgrade to $225 and an OpenAI smartphone-processor partnership.

U.S. stock index futures rose after Micron Technology (MU) reported quarterly results and Qualcomm (QCOM) updated fiscal targets and AI data center plans at its investor day. Nasdaq 100 futures gained about 2%. Micron revenue rose 346% to $41.5B and shares jumped ~16%. Qualcomm targeted over $15B annual data center AI revenue and expanded a Meta (META) CPU partnership.

Qualcomm introduced Snapdragon C, an ARM-based entry laptop processor aimed at budget devices starting around $300. Built on a 6nm process, it targets fanless designs and longer battery life. Qualcomm cites internal tests versus Intel’s N250, including up to 67% faster multithreaded performance on battery and 2.1x better power efficiency. Acer, Asus, HP, and Lenovo plan Snapdragon C laptops later this year.

Qualcomm detailed Snapdragon C, an Arm-based chip for low-cost laptops starting around $300. The chip has eight Kryo CPU cores up to 3 GHz, an Adreno GPU up to 900 MHz, and an NPU without disclosed TOPS. Qualcomm cites Geekbench, Cinebench, Speedometer, and battery-efficiency gains versus Intel N250 on reference systems. Acer, HP, Asus, and Lenovo are expected to launch models, with Acer Aspire Go 15 shown but no price or date.

Qualcomm provided details on its upcoming Snapdragon C “Compute” platform for entry-tier laptops, including 6nm chips with eight Kryo CPU cores at 3GHz, Adreno GPU at 900MHz, and support for FHD+ displays and single 4K external display. Qualcomm claims Snapdragon C beats Intel’s Twin Lake N250 by 44% single-core and ~24% multi-core, with over 2x power efficiency. A first model, Acer Aspire Go 15, was listed in the UK at about 499 euros.

Qualcomm detailed its entry-tier Snapdragon C laptop platform, targeting about $300 Windows PCs. The 6nm chip includes an 8-core Kryo CPU up to 3GHz, Adreno A643 GPU up to 900MHz, and a Hexagon NPU. Qualcomm claims battery-powered benchmarks vs an Intel N250 laptop: up to 67% faster Cinebench multi-thread and 50% faster single-thread, plus power-efficiency gains up to 2.1x. Acer, ASUS, HP, and Lenovo plan launches.

Qualcomm introduced its entry-level Snapdragon C laptop platform aimed at about $300 devices, with up to eight Arm cores, up to 3.0 GHz single-core, an Adreno A643 GPU, and a Hexagon NPU. Qualcomm says it outperforms Intel’s N250 “Twin Lake” by 24% to 67% in benchmarks and claims higher efficiency in Netflix, web browsing, and Teams. Acer, ASUS, HP, and Lenovo are expected to ship laptops using it.

Qualcomm updated its product pages for its newly announced Snapdragon C laptop chips aimed at about $300 devices. Qualcomm says Snapdragon C is up to 67% faster than Intel’s N250 in Cinebench MT on battery, with claimed power-efficiency gains for Netflix, Teams, YouTube, and idle apps. The article notes plugged-in performance and independent verification are still pending.