Benzinga Qualcomm Announces Chip Supply Agreement With Apple Qualcomm Inc (NASDAQ: QCOM) stock is trading higher Monday after the chip designer forged a deal with Apple Inc (NASDAQ: APPL). Under the deal, Qualcomm will supply Snapdragon 5G Modem‑RF Systems for the iPhone maker's smartphone launch in 2024, 2025, and 2026. The agreement eyes a 20% share of chipset supply for smartphone launch in 2026. Vietnam Airlines Eyes Monumental $10 Billion Deal With Boeing In a strategic move that could pote...
Continue ReadingQualcomm announced Monday that it will now supply iPhone maker Apple with 5G modem chips through 2026. Qualcomm previously agreed to a chip supply deal with the Apple in 2019...
Continue ReadingKeeping an iPhone business deal for a couple more years will help the chip maker’s diversification plan...
Continue ReadingApple (AAPL) has been making headlines recently, thanks to its expected iPhone 15 announcement and the stock’s decline following reports China banned government employees from using iPhones at their jobs. One question many analysts are asking is whether Apple is a growth stock or a value stock? Yahoo Finance Senior Reporter Allie Garfinkle discusses the future of Apple and how investors should be thinking about the stock...
Continue ReadingThe S&P 500 and Nasdaq were on course for their best day in two weeks on Monday as Tesla led gains in megacaps, while investors awaited inflation data due later this week for clues on the U.S. Federal Reserve's interest-rate path. Tesla jumped 8.7% as Morgan Stanley upgraded it to "overweight" from "equal-weight", saying the EV maker's Dojo supercomputer could boost the company's market value by nearly $600 billion...
Continue ReadingShares of Qualcomm (NASDAQ: QCOM) were climbing after the chipmaker announced a new supply agreement with Apple, ensuring a key revenue stream will continue through at least 2026. In a press release this morning, Qualcomm said it has entered into an agreement with Apple to supply Snapdragon 5G Modem-RF Systems for smartphone launches in 2024, 2025, and 2026. Apple is one of Qualcomm's two biggest customers, making up more than 10% of its revenue last year, along with Samsung...
Continue ReadingInvestors' hands are full this week as Apple (AAPL) kicks off its annual event revealing the iPhone 15 on Tuesday, ahead of the August CPI print and the Arm (ARM) and Instacart's IPOs. Yahoo Finance Markets Reporter Ines Ferre breaks down this week's top stories to come, also analyzing how impactful energy costs and oil prices will be on the latest inflation data...
Continue ReadingApple's next iPhone is expected to launch with a new USB-C charger, and the change is going to be a pain...
Continue ReadingExtension of supply signals that the Big Tech group is still unable to perfect the technology in-house...
Continue Reading(Bloomberg) -- Apple Inc.’s annual iPhone unveiling is always its most momentous time of the year — a chance to impress consumers with the company’s latest model and set up the holiday selling season. Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayMeloni Tells China That Italy Plans to Exit Belt and RoadTesla and China Risk Leaving Volkswagen on a Road to NowhereIndia’s G-20...
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