TradingKey – On September 23 Eastern Time, Qualcomm (QCOM) fell 0.51% to close at $197.24, hitting an intraday high of $199.50 and once again nearing the $200 mark. Snapdragon on-device AI applications, Linux device support, and mobile chip business performance are key factors to watch for QCOM’s future trends.

During Snapdragon Summit 2026, AI startup Liquid AI announced that Liquid Context has been optimized for Snapdragon processors and Hexagon NPUs; Qualcomm, meanwhile, introduced an early developer preview of Linux for the Snapdragon X2 series. These two developments expand Snapdragon’s coverage in on-device AI applications and PC operating systems, respectively.