Qualcomm Surges 1.4% on $1.2B Volume as Auto AI Bets Lift Market Rank to 79th

On October 8, 2025, Qualcomm (QCOM) closed with a 1.40% gain, trading with a volume of $1.20 billion, ranking 79th in market activity. The stock’s performance followed key developments in its core markets and strategic initiatives.

Qualcomm announced a multiyear collaboration with a major automotive manufacturer to develop 5G-enabled semiconductor solutions for next-generation electric vehicles. The partnership, expected to span four years, includes joint R&D efforts and supply agreements for custom chipsets. Analysts noted the deal could expand Qualcomm’s exposure to the automotive sector, which currently accounts for less than 5% of its revenue.

The company also settled a long-standing patent dispute with T-Mobile, securing a licensing agreement that resolves claims related to 5G network infrastructure. The undisclosed financial terms are estimated to generate recurring revenue streams for Qualcomm, while reducing legal uncertainties that had previously weighed on investor sentiment.

Separately, Qualcomm’s AI division reported progress in deploying its Oryon AI processor in data center infrastructure. Early adopters, including two hyperscale cloud providers, have initiated pilot programs to integrate the chip into machine learning workloads. The move positions Qualcomm to compete with NVIDIA in the high-margin AI semiconductor market.

Back-testing parameters require defining key variables: screening scope (entire U.S. universe or Russell 3000), inclusion of ADRs/ETFs, weighting methodology (equal-weight or value-weighted), transaction cost assumptions (e.g., 1 basis point per trade), and pricing conventions (close-to-close returns). Default settings include full U.S. coverage, equal-weight allocation, zero transaction costs, and close-to-close pricing. Metrics to track include cumulative returns, annualized volatility, Sharpe ratio, and maximum drawdown. Confirmation of these parameters will initiate data collection and signal generation for the 1-day-hold strategy.