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Qualcomm shares surge on earnings beat, $20B buyback and data center timeline

Shares in Qualcomm Inc. rose more than 15% in late trading today after the chipmaker reported earnings and revenue beats in its fiscal 2026 second quarter and announced a fresh 20 billion share buybac

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Shares in Qualcomm Inc. rose more than 15% in late trading today after the chipmaker reported earnings and revenue beats in its fiscal 2026 second quarter and announced a fresh 20 billion share buyback authorization alongside a firm timeline for its long-awaited data center entry. For the quarter that ended on March 29, Qualcomm reported […] The post Qualcomm shares surge on earnings beat, 20B buyback and data center timeline appeared first on SiliconANGLE.

Source: SiliconANGLE | 2026-04-29

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