Company Of The Day: Qualcomm

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QCOM: Qualcomm logo
QCOM
Qualcomm

What?

Qualcomm (NASDAQ:QCOM) has unveiled its new Snapdragon AR2 chip that is focused exclusively on augmented reality (AR) glasses.

So What?

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AR is expected to be the big thing in computing, with companies including Apple reportedly working on headsets. Qualcomm, for its part, says that it is partnering with OEMs including Lenovo, LG, and Xiaomi who will use its chips.

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Returns Nov 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 QCOM Return 4% -33% 88%
 S&P 500 Return 2% -17% 76%
 Trefis Multi-Strategy Portfolio 3% -20% 218%

[1] Month-to-date and year-to-date as of 11/17/2022
[2] Cumulative total returns since the end of 2016

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