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Investing 7 May 2026 - 8 May 2026

Qualcomm Stock Surges Again: Why Wall Street Is Looking Past the QCOM Guidance Miss

Qualcomm Stock Surges Again: Why Wall Street Is Looking Past the QCOM Guidance Miss

SAN DIEGO, May 11, 2026, 07:14 PDT Qualcomm jumped roughly 7% Monday morning on the Nasdaq, building on momentum that’s taken investor focus off the chipmaker’s muted quarterly guidance—and toward its debut data-center chip effort. Shares last traded at $234.14, up $15.05, after climbing as high as $247.62. The clock’s ticking on whether Wall Street is ready to price Qualcomm
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