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Qualcomm's Trading Volume Drops 35% to $882 Million Ranking 65th in Market Activity
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 17, 2025 7:46 pm ET1min read
On June 17, 2025, Qualcomm's trading volume reached $882 million, a 35.22% decrease from the previous day, ranking 65th in the day's stock market activity. Qualcomm's stock price fell by 1.55%.
Qualcomm's dividend of $0.89, yielding approximately 0.6% at $156, may seem modest. However, its 25-year track record of increases indicates strong financial stability.
BofA predicts that by 2030, automotive, IoT, and other non-smartphone categories could account for 40% of Qualcomm's chip business, up from the current 27%.
Qualcomm's recent acquisition of a $2.4 billion AI portfolio aims to diversify its market presence, particularly in the data center sector, reducing its reliance on the smartphone industry.
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