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Sam Quirke

Can Qualcomm Shock Wall Street With Its Q3 Earnings?

Qualcomm AMD JPMorgan MarketBeat

Semiconductor giant Qualcomm Inc. (NASDAQ: QCOM) is set to report earnings on Wednesday, and it couldn’t come at a more pivotal moment. The stock has been in a quiet but steady uptrend since April, gaining nearly 30% while flying under the radar compared to more explosive names like NVIDIA Corp (NASDAQ: NVDA) or Advanced Micro Devices Inc (NASDAQ: AMD).

Trading right around the $160 mark, Qualcomm’s chart over the past couple of months shows a consistent run of higher lows and higher highs. It’s not flashy, but it’s consistent.

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