Alphabet discloses US8 million worth of Qualcomm stake

Alphabet discloses US$548 million worth of Qualcomm stake

November 6, 2026 / Liam Redmond /


The Google parent holds nearly three million shares of the chipmaker as at September

Published Fri, Nov 6, 2026 · 08:45 PM

[BENGALURU] Alphabet said on Friday (Nov 6) it held nearly three million shares, or a stake worth US$547.9 million, in chipmaker Qualcomm as at September.

Qualcomm shares rose more than 3 per cent in pre-market trading.

The Google parent has also increased its position in Elon Musk’s SpaceX to about 555 million shares from 551.2 million earlier.

Qualcomm earlier this week irked investors when it missed Wall Street expectations for quarterly smartphone chip sales due to weak demand, even though it forecast better-than-expected revenue for its nascent data centre segment. REUTERS



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Liam Redmond

As an editor at Forbes Europe, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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