QCOM241122C147000
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Qualcomm Newsroom
Will the merger trade of chip giants fall through? It is reported that qualcomm's interest in acquiring intel has cooled.
According to informed sources, qualcomm's interest in acquiring intel has cooled.
Sources say that qualcomm's interest in acquiring intel has cooled.
According to sources, Qualcomm's interest in acquiring Intel has cooled down, making it unlikely to become one of the largest technology acquisition trades in history. Some sources mentioned that the complexity of acquiring all of Intel's business has reduced the attractiveness of this deal for Qualcomm. They added that Qualcomm may consider acquiring a partial stake in Intel at any time, or reignite its interest in acquisition later on. Media reports in September suggested that Qualcomm had made initial contact with Intel for a possible acquisition. Just a few weeks ago, Intel released a disappointing financial report, which included
Qualcomm's Interest in Buying Rival Intel Is Reportedly Fading
Express News | Qualcomm’s Takeover Interest in Intel Is Said to Cool - Bloomberg News
Express News | Insiders said that qualcomm's interest in acquiring Intel has decreased. (Bloomberg)
U.S. stocks closed higher with all three major indices rising. The Dow, S&P, and Russell 2000 all hit record highs, while nvidia fell more than 4% against the market; bitcoin fell below $93,000, while microstrategy dropped more than 4%.
Funds continue to flow out of the technology sector, rotating into cyclical stocks. The Dow rose more than 400 points, while the Russell small cap stocks rose by 2.5% at one point. The S&P hit a new intraday high before narrowing its gains. Nvidia dropped over 4% to a three-week low, Tesla fell by nearly 4%, Nio dropped by 3.6%, but Alibaba rose by nearly 3%.
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The market is beginning to anticipate nvidia's next "explosive growth business": auto chips.
nvidia's next step may involve a large-scale "rollout."
QUALCOMM Incorporated (QCOM) Surpasses Expectations With Diversification Strategy, Says JP Morgan Analyst
Huang Renxun discusses the current situation of AI: It will still take several years to achieve 'highly reliable.'
Jensen Huang believes that we are still "years away" from a highly trustworthy AI system. The entire industry is also rethinking how to train models more effectively with limited data and resources.
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US stocks closed | All three major indices rose for the entire week! The Dow Jones hit a new closing high, Tesla rose nearly 4%; cryptos concept stocks all rose, MSTR increased by over 6%.
Funds flowed out of technology stocks and into economically sensitive cyclical stocks. The Nasdaq fluctuated between gains and losses, dragged down by over 3% drop in Nvidia and 1.7% drop in Google Class A. The Dow Jones rose by about 1%, small caps rose by 1.8%, and Chinese concept stocks fell by 1.4%. The S&P 500 and Nasdaq accumulated gains of 1.7% for the week, the Dow rose by about 2%, Tesla rose nearly 10% for the week, and Super Micro Computer soared by over 78%, its best week ever. MicroStrategy, known as a 'Bitcoin whale', rebounded by 6% on Friday. Economic weakness pushed the Euro to a two-year low, while the US Dollar rose for the third consecutive week to a two-year high. Offshore Renminbi fell by over 200 points for the week to nearly a four-month low. US oil had its best two-month gain with a 6.5% increase for the week, gold rose by over 1% to surpass $2700, marking its best week in over a year with a 5.7% increase.
Fed's Bowman Says Regulators Shouldn't Rush to Contain AI
All You Need to Know About Qualcomm (QCOM) Rating Upgrade to Buy
How Can Qualcomm Stock Trade More Like Nvidia? Bring AI to Phones and Cars. -- Barrons.com