Qualcomm Inc. Stock Rises 4.7%, Outperforms Peers

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

Shares of Qualcomm Inc. rose 4.7% to $167.86 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.6% to 7,757.64 and the Dow Jones Industrial Average rising 0.3% to 54,036.93.

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

Qualcomm Inc. closed 35.4% below its 52-week high of $259.92, which the company reached on May 29th.

The stock outperformed some of its peers, as NVIDIA Corp. rose 2.3% to $223.96, Broadcom Inc. rose 1.7% to $427.76, and Intel Corp. rose 1.84% to $101.65.

Trading volume totaled 9.6 million, compared to the 50-day average of 18.1 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 07, 2026 16:35 ET (20:35 GMT)