The Globe and Mail
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Apr 30, 2026
· 3 min read
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Qualcomm shares jump as optimism on smartphones, AI chips outweigh dismal forecast
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Article Excerpt
Qualcomm shares jump as optimism on smartphones, AI chips outweigh dismal forecast
JOEL JOSE
REUTERS
PUBLISHED APRIL 30, 2026
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Qualcomm QCOM-Q shares jumped more than 13 per cent on Thursday, as investors latched on to the chief executive’s optimism about a recovery in its smartphone business and data center opportunities, eclipsing a weak third-quarter forecast.
CEO Cristiano Amon, in an interview with Reuters on Wednesday, said the company was confident…
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