Qualcomm Reports Strong Q2 Earnings Despite Revenue Decline

Qualcomm (QCOM) reported a significant increase in GAAP net income for the second quarter of fiscal year 2026, despite a slight revenue decline. The stock rose by 15% following the earnings report.

By Angelica Ballesteros Fri, May 1, 2026 at 6:36 AM GMT+3 2 min read · Yahoo Finance ·

Qualcomm Reports Strong Q2 Earnings Despite Revenue Decline

Tickers: $QCOM

Topics: AI data center earnings stock performance

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