Qualcomm unveils 48 TOPS chip as Qualcomm stock sits 28.41 percent below high

Published on 10/13/2026 at 12:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Qualcomm stock costs EUR 154.24 on October 13, 2026, below its EUR 215.45 high. Results are due November 4, 2026.

Qualcomm unveiled a 48 TOPS Snapdragon platform at its September 2026 event.
Fiscal third-quarter revenue reached USD 9.9 billion, while automotive revenue rose 61 percent year over year.
The Lang & Schwarz price was EUR 154.24 on October 13, 2026, below the EUR 215.45 52-week high.
Qualcomm's next earnings announcement is scheduled for November 4, 2026.

Fotorealistischer Nahaufnahme eines generischen ungebrandeten mobilen System-on-Chip-Prozessors auf einer Leiterplatte mit sichtbaren Kupferleiterbahnen und Lötstellen — Qualcomm US7475251036 zeigt fotorealistischen mobilen Prozessor auf dunkler moderner Leiterplatte mit Kupferleiterbahnen, Illustration mit AI erstellt.

Qualcomm (ISIN US7475251036) unveiled a Snapdragon platform capable of 48 trillion operations per second at its September 2026 technology event, while Qualcomm stock stood 28.41 percent below its EUR 215.45 52-week high. Boerse Express reported on September 23, 2026, that Qualcomm had introduced the Snapdragon 8 Elite Gen 6 and expanded its laptop cooperation with Google.

Snapdragon raises the stakes

The new platform targets premium smartphones with on-device artificial intelligence, but the timing is demanding because memory costs and weaker smartphone volumes are pressuring the handset market. Qualcomm is therefore trying to turn its chip portfolio into a broader computing platform spanning phones, laptops, vehicles and edge devices.

The company entered that transition with a mixed fiscal third-quarter result. According to Yahoo Finance on July 29, 2026, revenue reached USD 9.95 billion and non-GAAP earnings per share were USD 2.21. Revenue was at the high end of management guidance, while earnings per share missed the USD 2.23 consensus estimate by USD 0.02.

Automotive offsets handset pressure

Qualcomm's diversification is already visible in the segment figures. In fiscal third quarter 2026, automotive revenue reached USD 1.6 billion, up 61 percent from the prior year, while IoT revenue rose 9 percent to USD 1.8 billion. Total non-handset QCT revenue increased 28 percent year over year, according to the same Yahoo Finance transcript.

Management guided fiscal fourth-quarter revenue to USD 9.7 billion to USD 10.5 billion and non-GAAP earnings per share to USD 2.05 to USD 2.25. The same outlook includes approximately 60 percent year-over-year automotive growth, but also a lower Apple contribution and continued memory-related pressure on handset demand.

What comes before the next report?

MarketBeat lists November 4, 2026, as Qualcomm's estimated fiscal fourth-quarter earnings date, with the announcement expected after the US market close. Its consensus calls for USD 10.15 billion in revenue and USD 2.17 in earnings per share, compared with USD 11.27 billion and USD 3.00 in the year-earlier quarter.

Stock remains below yearly high

Qualcomm stock was trading at EUR 154.24 at Lang & Schwarz on October 13, 2026, at 12:37 p.m. CEST. The 52-week range was EUR 106.64 to EUR 215.45 on the same date, placing the price 28.41 percent below the high. The next test for the diversification story is whether automotive, IoT and data-center products can offset the handset reset.

The further course of trading is shown by the continuously updated real-time quote of Qualcomm stock.