Skip to main content
TradingNews

Market news

Apple Advances Modem Independence as Qualcomm Pivots to Auto and AI

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Qualcomm is aggressively pivoting away from smartphone reliance, targeting $40 billion in non-handset revenue by fiscal 2029 through automotive and data center expansion.
  • The shift comes as Apple accelerates the rollout of its in-house modems, slashing Qualcomm modem orders by an estimated 50% heading into the December quarter.
Explore AAPL price history & advisor snapshot

These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.

Stored market data

AAPL price history

331.67 +19.27% over the displayed period

Advisor Snapshot

Unlock Member-Only Insights

Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.

Open AAPL advisor →
Browse September 2026 news → ← Back to market news

Market analysis for educational use. Trading involves risk. AI sentiment is not financial advice.

Methodology · Risk disclosure