Qualcomm's Trading Volume Drops 36.41% to $901 Million, Slips to 76th in Market Rankings

On June 12, 2025, Qualcomm's trading volume reached $901 million, a significant 36.41% decrease from the previous day, placing it at the 76th position in the day's stock market rankings. Qualcomm's stock price fell by 0.49%.

Qualcomm's stock performance this year has been modest, with a year-to-date increase of approximately 3%. This performance comes amidst uncertainties surrounding U.S.-China trade relations.

On June 9, Qualcomm announced its agreement to acquire semiconductor company Alphawave IP Group Plc for approximately $2.4 billion in cash. This acquisition is aimed at strengthening Qualcomm's AI portfolio, as Alphawave specializes in SerDes technology, which is essential for high-speed data transmission.