Qualcomm's Trading Volume Drops 22.15% as it Completes Autotalks Acquisition Ranking 89th in Market

On June 5, 2025, Qualcomm's trading volume reached 8.30 billion, marking a 22.15% decrease from the previous day. The company's stock price fell by 1.00%, placing it at the 89th position in the day's market rankings.

Qualcomm has successfully completed the acquisition of Autotalks, a leading developer of direct vehicle-to-everything communication solutions. This strategic move is aimed at enhancing Qualcomm's portfolio in the realm of vehicle-to-everything (V2X) communication technology, which is crucial for advancing road safety and connectivity.

The acquisition of Autotalks is part of Qualcomm's broader strategy to integrate advanced communication technologies into its product offerings. Autotalks' expertise in V2X communication will enable Qualcomm to offer more robust solutions for vehicle connectivity, which is increasingly important as the automotive industry shifts towards autonomous and connected vehicles.

Qualcomm's acquisition of Autotalks follows a two-year delay, during which the deal was initially announced in May 2023 but later canceled. The completion of this acquisition underscores Qualcomm's commitment to expanding its capabilities in the automotive sector, despite the challenges encountered along the way.