Qualcomm gains on partnerships for high-speed 5G module, AI-powered Wi-Fi gateway

QUALCOMM Incorporated

13/10/2026 16:07

**Smartphone chipmaker Qualcomm's QCOM.O shares up 1.57% to $117.16
**QCOM powers Chinese company Fibocom’s new SC153 5G module for smart device supports 5G download speeds of up to 2.5 Gbps and is designed for smart devices and industrial equipment
** Mass production for module planned for Q4 2026 - QCOM
** Co also partners with Taiwanese company Gemtek Technology and gFiber to develop AI-powered home internet gateway
** Co says commercial deployment of the gateway is targeted for 2027, with gFiber as the first service provider
** Broader chipmaker' stocks down in the session, with Philadelphia SE Semiconductor Index .SOX slipping 1.70% 
** Including session's move, YTD, QCOM up 3.34% vs 69.39% gains for SOX

(Reporting by Jayasree Prabhu)
((jayasree.prabhu@thomsonreuters.com))