Qualcomm stock gets CES spotlight after Toyota RAV4 chip news and CFO sale notice
Qualcomm shares closed up 1.1% at $172.98 after announcing Toyota’s new RAV4 will use its Snapdragon Digital Chassis. CFO Akash Palkhiwala filed to sell 3,333 shares under a pre-arranged plan, worth about $576,500. The news comes ahead of CES 2026, where Qualcomm is set to present updates on its Snapdragon X Series and automotive technology.