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Barchart
Barchart
Kritika Sarmah

Is QUALCOMM Stock Underperforming the S&P 500?

With a market cap of $173.4 billion, QUALCOMM Incorporated (QCOM) is a top player in wireless technology development and commercialization. The San Diego, California-based company operates through three main segments: Qualcomm CDMA Technologies; Qualcomm Technology Licensing; and Qualcomm Strategic Initiatives.

Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Qualcomm fits this criterion perfectly. Qualcomm’s flagship offerings include Snapdragon chipsets, FastConnect wireless solutions, and a range of Qualcomm-branded cellular and IoT products, with a strategic emphasis on embedding on-device generative AI throughout its portfolio.

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