Qualcomm Stock Surges 1.44% on $1.5B Note Offering!

Friday, Jun 6, 2025 1:39 pm ET1min read
QCOM--
Qualcomm Incorporated rose 1.44% in intraday trading, with the company announcing the closing of a $1.5 billion registered notes offering on May 21, 2025. This financial move, represented by Cravath, highlights Qualcomm's strong financial position and strategic initiatives. Additionally, Qualcomm's acquisition of Israeli company Autotalks, which specializes in CDMA systems and software, further solidifies its market leadership in wireless communication technologies.

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