New York, January 21, 2026, 11:58 a.m. ET — Regular session
- Qualcomm shares climbed roughly 1.5% by late morning, following a broader rally in chip stocks
- The company scheduled its fiscal first-quarter results and conference call for Feb. 4
- The stock had fallen for seven consecutive days leading up to Tuesday’s close
QUALCOMM Incorporated (QCOM.O) shares climbed roughly 1.5% to $156.36 by late morning Wednesday, following the announcement of its upcoming quarterly earnings release date.
The timing is crucial as the stock has been falling for several days, with investors hungry for fresh insights on demand and margins amid a tough environment for handset-linked firms. Qualcomm dropped 3.36% on Tuesday, marking its seventh consecutive daily loss. The stock now trades roughly 25% below its 52-week peak reached in late October. 1
Chip stocks found footing Wednesday following Tuesday’s decline, as semiconductor ETFs climbed roughly 2.5% to 3%. The Nasdaq-tracking QQQ also gained, edging up about 0.8%.
Qualcomm plans to release its fiscal first-quarter 2026 results on Wednesday, Feb. 4, after U.S. markets close. The company will hold a conference call at 1:45 p.m. Pacific time. The earnings report will also be filed with the SEC on a Form 8-K, used for major corporate disclosures. 2
After a jittery spell where sector shifts mattered more than individual headlines, the calendar points to a clear catalyst ahead. Early Wednesday trading saw the iShares Semiconductor ETF outpacing the broader market—a typical sign of investors rotating back into high-beta tech.
Peers showed a split picture. Nvidia gained roughly 1.7%, but Broadcom slipped around 1.6%. Intel and AMD pushed the group’s gains for the day.
Intel’s upcoming earnings, due Thursday, have chip traders watching closely for signs on data-center and PC demand. According to Reuters, Intel shareholders are growing more optimistic ahead of the report. Gabelli Funds analyst Ryuta Makino described it as “the most optimistic” sentiment he’s seen “in a long time.” 3
Qualcomm’s Feb. 4 report will zero in on whether growth beyond smartphones can take on a bigger role, and how the company frames device demand in the coming quarters. It will also deliver updated figures for the licensing business, known to fluctuate significantly with handset volumes.
However, the risks haven’t disappeared. Qualcomm is still vulnerable to the phone market’s swings and how fast Apple decides to bring more modem production in-house. Qualcomm has confirmed it will provide 5G chips to Apple for iPhones through 2026, based on a prior agreement. 4
Qualcomm is set to report earnings after the market closes on Feb. 4, with management slated to review the results that day. Investors, who’ve been moving the stock based on sector mood and headline risks, will zero in on that call as their next key update. 5
