Qualcomm (QCOM) is a San Diego, California-based semiconductor and wireless technology company founded in 1985 by Irwin Jacobs and six co-founders. Qualcomm Technology Licensing monetizes its extensive wireless patent portfolio. On April 29, shares surged 4% in a single session after Q2 earnings, briefly touching a 52-week high of $237.53 with the stock up 37.2% year-to-date (YTD) at that peak. Following Q3 earnings on July 29, shares fell 7.16% in after-hours trading to $144.53, down from a regular-session close of $155.57, reflecting investor concern over guidance and margin pressure. Qualcomm Results Outperform MarketQualcomm reported fiscal third-quarter 2026 results on July 29.