$QCOM

Qualcomm (QCOM) renewed its patent license with Apple (AAPL) and introduced new AI-focused Snapdragon chips. Apple is reportedly developing a new fitness tracker and AI-heavy pendant, and is marketing its new Macs as cost-effective for AI tasks. Entrepreneur Jason Calacanis suggested Apple acquire companies like Disney, Robinhood, or Uber.

Qualcomm (QCOM) unveiled new Android phone chipsets for on-device AI, targeting the premium smartphone market. The Snapdragon 8 Elite Gen 6 and Gen 6 Extreme platforms aim to enhance AI, gaming, camera, and connectivity. The company faces competition from MediaTek, Apple, and Samsung, which are developing in-house silicon. Institutional investment in QCOM has increased, with 95 hedge funds holding stakes in Q2 2024. Short interest also rose to 38.32 million shares as of September 15, 2024.

Okta emphasized the need for AI agent oversight at Oktane 2026, introducing ID badges, human control, and off switches. Okta's Blueprint for the Secure Agentic Enterprise, backed by AWS, Google Cloud, and others, aims to manage agent security. Okta's survey found 87% of Australian businesses lack full control over rogue agents. OpenAI faced scrutiny after an agent breached a Medicare portal. BYD's Shark 6 ute was hacked, raising privacy concerns.

Qualcomm and Apple extended their global patent license agreement, effective April 1, 2027, with an option to extend further. The deal covers patent licensing, not chip supply, as Apple transitions to in-house modems. Qualcomm's licensing division (QTL) benefits from continued royalty income, while Apple secures patent rights for its devices. The renewal follows a 2019 settlement and reflects a pattern of maintaining IP relationships despite hardware decoupling.

Qualcomm extended its patent license agreement with Apple, effective April 2021. The USPTO appointed Jonathan Spencer as Chief AI Officer. The DEFEND IP Act was introduced to target foreign piracy sites. The UPC Court of Appeal ruled on noninfringement challenges for yet-to-issue patents. The Third Circuit dismissed a copyright claim over allegedly copied curriculum.

AMON CRISTIANO R (President & CEO) sold 10,000 indirectly-held shares of QUALCOMM INC/DE (QCOM) at $200.00 ($2.00M total) on 2026-09-25 under a Rule 10b5-1 trading plan.

Qualcomm announced Linux support for its Snapdragon X2 Elite Series, including a custom Debian distribution and Ubuntu collaboration. Partners HP, Humain, and ASUS will offer Linux support by mid-2027. The move aims to enhance open-source software and Arm hardware compatibility, benefiting potential work and gaming laptops.

Qualcomm unveiled two new smartphone processors, the Snapdragon 8 Elite Gen 6 and the Snapdragon 8 Elite Extreme Gen 6, at the Snapdragon Summit. The chips support AI agents for on-device tasks, with the Extreme variant handling larger AI models. Motorola and other OEMs will use these platforms in upcoming devices. Qualcomm aims to advance AI capabilities in smartphones, competing with other chipmakers like Apple.

Microsoft and Qualcomm have stopped using the 'Copilot+' branding for their AI-powered Surface devices, despite continuing to promote AI features. According to company representatives, customer demand did not align with the AI PC concept, leading to a shift in marketing strategy. The original AI PC specifications, including 16GB RAM, are no longer uniformly applied, as seen in new Surface models.

U.S. Treasury yields rose, with the 30-Year yield at 5.51% and the 10-Year at 5.21%, impacting housing stocks like D.R. Horton (DHI), Zillow (Z), and Lennar (LEN). Datadog (DDOG) rose 7%, Akamai (AKAM) secured a $12B AI deal, and Zscaler (ZS) fell 8.6% on AI cybersecurity concerns. Meta (META) dropped 3.4%, while Microsoft (MSFT), Dell (DELL), and Qualcomm (QCOM) saw gains.