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Qualcomm shares surge on Q2 beat, $20B buyback and data center timeline

  • Duncan Riley--SiliconANGLE News
  • published date: 2026-04-29 22:18:00 UTC

Shares in Qualcomm Inc. rose more than 15% in late trading today after the chipmaker reported earnings and revenue beats in its fiscal 2026 second quarter and announced a fresh $20 billion share buyback authorization alongside a firm timeline for its long-awa…

Shares in Qualcomm Inc. rose more than 15% in late trading today after the chipmaker reported earnings and revenue beats in its fiscal 2026 second quarter and announced a fresh $20 billion share buyb… [+4014 chars]