Despite Semiconductor Industry Slowdown, Qualcomm Management Confident in Higher Selling Prices

By Parkev Tatevosian, CFA – Jan 15, 2023 at 9:34AM

NASDAQ: QCOM

Qualcomm

Market Cap

$183B

Today's Change

(-0.20%) -$0.33

Current Price

$163.30

Price as of April 25, 2024, 4:00 p.m. ET

Rapidly changing consumer behavior has hurt the semiconductor industry.

Qualcomm (QCOM -0.20%) management is confident it can pass along higher prices because of its next-generation technology.

*Stock prices used were the afternoon prices of Jan. 14, 2023. The video was published on Jan. 14, 2023.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Qualcomm. The Motley Fool has a disclosure policy.

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