Qualcomm Inc. Stock Rallies 7.3%, Outperforms Peers

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Qualcomm Inc. advanced 7.3% to $162.67 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.8% to 7,736.52 and the Dow Jones Industrial Average rising 1.7% to 54,085.88.

This was the stock's second consecutive day of gains.

Qualcomm Inc. closed 37.4% below its 52-week high of $259.92, which the company achieved on May 29th.

The stock demonstrated a mixed performance when compared to some of its peers, as NVIDIA Corp. rose 2.6% to $211.94, Broadcom Inc. rose 6.6% to $418.16, and Intel Corp. rose 10.84% to $100.86.

Trading volume totaled 15.3 million, compared to the 50-day average of 19.2 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 04, 2026 16:35 ET (20:35 GMT)