QCOM · News · 20260917N

Competition and Market Share

QUALCOMM INC/DE · 2026-09-17 · Importance 17 · Surprise 24

MediaTek’s market capitalization reportedly surpassed Qualcomm’s, reaching $223 billion versus Qualcomm’s $200.6 billion. MediaTek introduced the Dimensity 9600 Pro processor for the premium smartphone market. The processor uses TSMC’s 2-nanometer process and is positioned at a more competitive price, increasing competitive pressure on Qualcomm’s premium handset chipset business.

Key facts

• MediaTek's market capitalization reached $223 billion compared to Qualcomm's $200.6 billion. source
• Qualcomm‘s stock is up 3% to $190.28 in Thursday afternoon trading, capping an 18% gain over the past month. source
• Qualcomm Inc saw its stock price rise by 3.33% on September 17. source
• Qualcomm reached $188.94 at the closing of the latest trading day, reflecting a +2.22% change compared to its last close. source