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Sentiment · FY2026 Q2
What companies say about each other on earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“Qualcomm's Dragon Wing platforms are scaling Arm Holdings plc American Depositary Shares-based solutions across robotics and autonomous systems.”
Qualcomm's Dragon Wing platforms scale Arm-based solutions in robotics and autonomous systems.
“We are now enabling key partners, including ASIC providers such as MediaTek, Norbel, Alchip Technologies, and Astera Labs, as well as CPU suppliers such as Pizizzo and Qualcomm, to leverage NVLink Fusion to connect our respective ecosystems.”
Qualcomm is enabled as a CPU supplier partner to connect its ecosystem to NVIDIA via NVLink Fusion.
“powered by Snapdragon X to our partnership with Qualcomm and support for Intel and AMD is coming later this year”
Gen's on-device deepfake scam detection runs on Snapdragon X via a Qualcomm partnership, a positive read-through for Qualcomm's AI PC platform.
“We introduced the most Copilot+ PCs powered by ARM-based Qualcomm Snapdragon processors”
Dell is leaning into Qualcomm Snapdragon-powered Copilot+ PCs as part of its AI PC lineup, indicating continued OEM design wins for Qualcomm's ARM-based PC silicon.
“We launched the first Armv9 edge AI platform, combining Cortex-A320 and Ethos-U85 NPU to run billion parameter models adopted by leaders like Infineon, NXP, Renesas, Qualcomm and STMicroelectronics.”
Arm's new Armv9 edge-AI platform (Cortex-A320 + Ethos-U85 NPU for on-device large models) has been adopted by a group of semiconductor leaders including Qualcomm and NXP, expanding Arm's edge-AI silicon footprint.
“our partners in Qualcomm and Google on the OS to make sure that they can support AI models on the device.”
Zebra names Qualcomm as a silicon/OS partner it works with so its next-gen mobile computers can run on-device AI models, implying continued design-win demand for Qualcomm processors in enterprise devices.
“ChipStack has received compelling endorsements from Qualcomm, NVIDIA, Altera and Tenstorrent, among others.”
Qualcomm is cited among marquee customers endorsing Cadence's new ChipStack AI agent, signaling adoption of Cadence AI design tools.
“we recently teamed up with Qualcomm at CES to showcase an early preview of how AI-powered scam detection can be integrated into Neural Processing Units or NPUs embedded into smartphones.”
Gen Digital partnered with Qualcomm to demo on-device AI-powered scam detection leveraging Qualcomm's NPUs in smartphones, aimed at detecting deepfakes while keeping user data private.
“I think the question was about the impact of the Qualcomm lawsuit and on revenue.”
Arm's CFO addresses the ongoing Qualcomm licensing lawsuit, stating Arm had always modeled the litigation outcome into its forecasts and continues to expect royalty payments from Qualcomm at existing rates regardless of the case's resolution.
“A new entrant was Qualcomm that publicly announced their new AI 200 inference racks that feature PCIe-based scale-up.”
Qualcomm's new AI 200 inference racks use PCIe-based scale-up, expanding the addressable set of AI platform providers for Astera Labs' Scorpio switches.
“NVIDIA, Samsung and Qualcomm, all presented SimAI success stories at CadenceLIVE India, highlighting 5x to 10x improvement in verification throughput.”
Qualcomm publicly presented SimAI verification success (5-10x throughput gains) using Cadence tools.
“But at a base level, contractual consent was required by Qualcomm to sign a Nuvia license, and that consent was not obtained. As a result of not obtaining that consent, they are in breach.”
Arm and Qualcomm are in active litigation over Nuvia-derived chip designs; Arm says Qualcomm breached license-assignment consent terms and sent a notice of cancellation on the architecture license.
“I think the only public customer announced today is Humane that is progressing well.”
Qualcomm cites Humane as its only publicly announced data-center customer, with shipments started and progress described as on track.
“look at Apple, and their their propensity for double digit growth, maybe even the whole year, just seems like they are going to continue to get disproportionate you know, share of the available DRAM.”
An analyst frames Apple as likely to sustain double-digit growth and secure disproportionate DRAM allocation amid the memory shortage, a read-through on Apple's scale advantage in the constrained memory market.
“once OEMs were able to see the stack that we launched with BMW that was an option for them.”
Qualcomm's ADAS stack launched with BMW is serving as a reference that is driving broader OEM interest in its automated-driving platform.
“MediaTek said on their call that they're still gaining share at the high end.”
An analyst notes rival MediaTek claims continued high-end share gains, framing competitive pressure on Qualcomm's premium chipset position.
“Really no update on the Huawei discussions. The discussions are still underway.”
Qualcomm's licensing (QTL) discussions with Huawei remain ongoing with no resolution announced, a read-through on Huawei's device licensing status.
“ByteDance launched the first AgenTek AI smartphone powered by the Snapdragon 8 Elite.”
ByteDance launched the first agentic AI smartphone on Qualcomm's Snapdragon 8 Elite, positioning ByteDance at the front of AI-native device adoption.
“the newly launched RAV4, Toyota's top-selling vehicle globally and one of the best-selling cars worldwide, is powered by our Snapdragon cockpit platform”
Toyota's newly launched RAV4, its top-selling global model, uses Qualcomm's Snapdragon cockpit platform, a high-volume automotive win.
“We signed a letter of intent for a long-term supply agreement with Volkswagen Group, which spans many brands including Audi and Porsche.”
Qualcomm signed an LOI to be Volkswagen Group's primary technology provider for software-defined vehicles across Audi, Porsche and other brands, a major automotive design-win read-through.
“For Samsung's upcoming family of premium-tier devices, we expect approximately 75% share consistent with prior expectations.”
Samsung remains a major Snapdragon handset customer; Qualcomm reaffirms ~75% chipset share of Samsung's upcoming premium flagship family.
“So there is some benefit from Apple, but the primary driver for the growth quarter-over-quarter is actually Android premium tier shipments.”
Apple contributes only modestly to Qualcomm's handset growth, with Android premium tier the main driver, consistent with Apple's shift to its internal modem.
“Our latest NPU sets a new benchmark as the world's fastest AI engine for laptops, also exceeding Intel and AMD in performance.”
Qualcomm claims its NPU exceeds AMD in AI-laptop performance, a competitive negative for AMD in the AI PC category.
“our industry-leading processors continue to outperform competitors, surpassing Intel and AMD in both speed and power efficiency.”
Qualcomm positions its Snapdragon X2 Elite laptop chips as beating Intel on speed and power efficiency, a competitive negative for Intel in premium laptops.
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Samik Chatterjee | JPMorgan | 12 (8%) |
| Stacy Rasgon | Bernstein | 11 (9%) |
| Joshua Buchalter | TD Cowen | 11 (18%) |
| Chris Caso | Wolfe Research | 10 (0%) |
| Tim Arcuri | UBS | 10 (30%) |
| Ross Seymore | Deutsche Bank | 10 (0%) |
| Tal Liani | Bank of America | 5 (0%) |
| Ben Reitzes | Melius Research | 5 (0%) |
| CJ Muse | Cantor Fitzgerald | 4 (25%) |
| Joe Moore | Morgan Stanley | 3 (0%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| JPMorgan | 1 | 12 (8%) |
| TD Cowen | 1 | 11 (18%) |
| Bernstein | 1 | 11 (9%) |
| Wolfe Research | 1 |
| 10 (0%) |
| Deutsche Bank | 1 | 10 (0%) |
| UBS | 1 | 10 (30%) |
| Bank of America | 2 | 7 (0%) |
| Melius Research | 1 | 5 (0%) |
Qualcomm achieved record revenues of $12.3 billion with non-GAAP EPS of $3.50, above the high end of guidance, as automotive revenues hit a new record of $1.1 billion growing 15% year-over-year. The Alphawave data center acquisition was closed, and the robotics market was entered with a full product suite. However, a DRAM shortage forced a sharp Q2 handset guidance cut, with revenue guided down to $10.2-$11.0 billion.
Revenue Growth | Competitive Dynamics | Demand | Cloud & AI | Supply Chain | Margin | Innovation & R&D | Pricing | |
|---|---|---|---|---|---|---|---|---|
| 2025Q1 | 5 | 4 | 5 | 1 | 2 | 1 | ||
| 2025Q2 | 3 | 3 | 4 | 1 | 4 | 2 | 3 | |
| 2025Q3 | 6 | 5 | 3 | 4 | 1 | 1 | ||
| 2025Q4 | 8 | 4 | 4 | 4 | 1 | 2 | 2 | |
| 2026Q1 | 4 | 3 | 4 | 2 | 6 | 2 | 2 | 1 |
| 2026Q2 | 6 | 8 | 5 | 6 | 3 | 3 |
| '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | '26Q2 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 5 | 3 | 6 | 8 | 4 | 6 |
| Competitive Dynamics | 4 | 3 | 5 | 4 | 3 | 8 |
| Demand | 5 | 4 | 3 | 4 | 4 | 5 |
| Cloud & AI | 1 | 4 | 4 | 2 | 6 | |
| Supply Chain | 1 | 6 | 3 | |||
| Margin | 2 | 4 | 1 | 1 | 2 | |
| Innovation & R&D | 2 | 2 | 2 | 3 | ||
| Pricing | 1 | 3 | 1 | 2 | 1 |
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
QCOM Qualcomm | 3 | -3.5% | |
| ADI Analog Devices | 9 | +37.3% | |
| ALAB Astera Labs, Inc. Common Stock | 9 | +93.4% | |
| AMAT Applied Materials | 9 | +11.4% | |
| AMD Advanced Micro Devices, Inc. | 9 | +37.9% | |
| ARM Arm Holdings | 7 | +20.1% | |
| ASML ASML Holding | 9 | +13.3% | |
| AVGO Broadcom Inc. | 10 | +47.9% | |
| INTC Intel Corporation | 6 | +7.2% | |
| KLAC KLA Corporation | 7 | +11.5% | |
| LRCX Lam Research | 9 | +23.8% | |
| MCHP Microchip Technology | 9 | +35.1% | |
| MPWR Monolithic Power Systems | 10 | +26.1% | |
| MRVL Marvell Technology | 10 | +27.6% | |
| MU Micron Technology, Inc. | 9 | +345.7% | |
| NVDA NVIDIA Corporation | 9 | +85.2% | |
| NXPI NXP Semiconductors | 7 | +12.2% | |
| ON ON Semiconductor | 6 | +4.7% | |
| Q Qnity Electronics, Inc. | 10 | +17.6% | |
| SWKS Skyworks Solutions | 3 | -1.0% | |
| TER Teradyne | 9 | +87.0% | |
| TXN Texas Instruments | 9 | +18.6% |