QUALCOMM Files 8-K Report
Ticker: QCOM · Form: 8-K · Filed: May 9, 2024 · CIK: 804328
| Field | Detail |
|---|---|
| Company | Qualcomm Inc/De (QCOM) |
| Form Type | 8-K |
| Filed Date | May 9, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, regulation-fd
Related Tickers: QCOM
TL;DR
QCOM filed a standard 8-K, no new news.
AI Summary
On May 9, 2024, QUALCOMM Incorporated filed an 8-K report to disclose information under Regulation FD. The filing does not contain specific financial figures or material events beyond the standard reporting requirement for the date.
Why It Matters
This filing indicates QUALCOMM is adhering to its reporting obligations with the SEC. It does not contain new material information that would immediately impact the stock price.
Risk Assessment
Risk Level: low — The filing is a routine 8-K and does not disclose any new material events or financial information.
Key Players & Entities
- QUALCOMM INC/DE (company) — Registrant
- 0000804328-24-000042 (filing_id) — Accession Number
- May 9, 2024 (date) — Filing Date
FAQ
What is the purpose of this 8-K filing?
This 8-K filing is a Current Report filed by QUALCOMM Incorporated pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934, primarily to satisfy its reporting obligations under Regulation FD.
What is the exact date of the report?
The date of the report is May 9, 2024.
What is QUALCOMM's state of incorporation?
QUALCOMM Incorporated is incorporated in Delaware.
What is the principal executive office address for QUALCOMM?
The address of QUALCOMM's principal executive offices is 5775 Morehouse Drive, San Diego, California 92121.
Does this filing disclose any new material events?
Based on the provided text, this filing appears to be a standard 8-K report and does not explicitly detail any new material events beyond the reporting requirement for the date.
Filing Stats: 1,007 words · 4 min read · ~3 pages · Grade level 16.7 · Accepted 2024-05-09 07:35:48
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 par value QCOM The Nasdaq Stock Market
Filing Documents
- qcom-20240509.htm (8-K) — 28KB
- 0000804328-24-000042.txt ( ) — 151KB
- qcom-20240509.xsd (EX-101.SCH) — 2KB
- qcom-20240509_lab.xml (EX-101.LAB) — 21KB
- qcom-20240509_pre.xml (EX-101.PRE) — 12KB
- qcom-20240509_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On May 7, 2024, the U.S. Department of Commerce informed QUALCOMM Incorporated (the "Company," "we" or "our") that it was revoking the Company's license to export 4G and certain other integrated circuit products, including Wi-Fi products, to Huawei Device Co., Ltd. and its affiliates and subsidiaries, effective immediately. As disclosed in our Form 10-Q filed on May 1, 2024, we did not expect to receive product revenues from Huawei beyond the current calendar year. This revocation has moved that date to May 7, 2024, as we implemented measures to immediately comply. Despite the revocation, we are not changing our financial guidance for the third quarter of fiscal year 2024 previously provided in our earnings release issued on May 1, 2024. The information in this Item 7.01 of this report is furnished and shall not be treated as filed for purposes of the Securities Exchange Act of 1934, as amended. Note Regarding Forward-Looking Statements This report contains forward-looking statements that are inherently subject to risks and uncertainties, including but not limited to statements regarding our expectations regarding product revenues from Huawei and our financial guidance for the third quarter of fiscal year 2024. Forward-looking statements are generally identified by words such as "estimates," "guidance," "expects," "anticipates," "intends," "plans," "believes," "seeks" and similar expressions. Actual results may differ materially from those referred to in the forward-looking statements due to a number of important factors, including but not limited to: our dependence on a small number of customers and licensees, and particularly from their sale of premium-tier devices; our customers vertically integrating; a significant portion of our business being concentrated in China, which is exacerbated by U.S./China trade and national security tensions; our ability to extend our technologies and products into new and expanded product
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. QUALCOMM Incorporated Date: May 9, 2024 By: /s/ Akash Palkhiwala Akash Palkhiwala Chief Financial Officer and Chief Operating Officer