The IIT Guwahati placement report for 2024 has been released, showing a placement percentage of 71% among 1,124 out of 1,584 registered students. The highest package offered was INR 2.05 crore per annum to BTech students, while the average package was INR 36.17 LPA for the BDes course. Top recruiting sectors included SDE (31.90%), Core (23.10%), and Others (16.20%). Major recruiters included Google, JP Morgan Chase, Goldman Sachs, Schlumberger, Uber, Apple, Microsoft, Qualcomm, Accenture, CapGemini, Cognizant, Dell, Flipkart, HCL Technologies, IBM, Info Edge (India) Ltd., and Texas Instruments. The placement rate decreased slightly from 78.04% in 2023 to 71% in 2024, with the number of recruiting companies increasing from 246 to 466. Course-wise, BTech had the highest placement rate (91% in CSE), and MTech achieved a 100% placement rate in Systems Control and Automation. The placement cell supports students through interview preparation, company visits, and entrepreneurship initiatives.

Qualcomm (QCOM) reported strong fiscal third quarter results with $10.4 billion in adjusted revenue and $2.77 in adjusted earnings per share, up 10% and 19% year-over-year respectively. The company continues to lead in mobile processors, expand into automotive, IoT, PCs, and data centers, with strong growth in Automotive (21%) and IoT (24%). Qualcomm has signed a multi-year collaboration with Xiaomi for smartphones and is expanding its Snapdragon X Series to PCs from Acer, Lenovo, Microsoft, Dell, and Samsung. The Snapdragon AR1 Gen 1 platform dominates AI-powered smart glasses, with 19 partner designs including Meta’s AI smart glasses. Qualcomm plans to acquire Alphawave IP Group in Q1 2026 to strengthen its data center strategy and is in advanced discussions with a major hyperscaler and with HUMAIN to build AI data centers in Saudi Arabia. The company has $12.3 billion in cash and is returning 100% of free cash flow through share repurchases and dividends. Wall Street rates QCOM a 'Moderate Buy' with 15 'Strong Buy' recommendations, an average target price of $178.65, and a high target price of $225, suggesting up to 53% upside potential.

Qualcomm, valued at $157.4 billion, is positioned as a leading semiconductor company with strong growth in mobile processors, artificial intelligence (AI) across devices, and expansion into automotive, internet of things (IoT), and data centers. The company reported a 10% year-over-year increase in adjusted revenue to $10.4 billion and a 19% increase in adjusted earnings per share to $2.77. Key growth areas include automotive (up 21%) and IoT (up 24%). Qualcomm has signed a multi-year collaboration with Xiaomi to power its flagship smartphones with Snapdragon 8-series processors. The company is expanding into PCs with the Snapdragon X Series, powering devices from Acer, Lenovo, Microsoft, Dell, and Samsung, and has 19 partner designs in AI smart glasses, including Meta’s products. Qualcomm is also advancing its data center strategy through a planned acquisition of Alphawave IP Group, expected to close in Q1 2026, and has a memorandum of understanding with HUMAIN to build AI data centers in Saudi Arabia. The company reported $2.8 billion in share repurchases and $967 million in dividends in Q3, returning 100% of free cash flow. Analysts rate QCOM a 'Strong Buy' with an average target price of $178.65 and a high target of $225, suggesting significant upside potential. CEO Cristiano Amon forecasts continued growth in non-Apple QCT revenues and strong long-term performance in AI-enabled devices and infrastructure.

Mizuho Markets Americas LLC significantly reduced its stake in QUALCOMM Incorporated by selling 157,129 shares, lowering its ownership by 88.1% to 21,302 shares valued at $3.272 million. QUALCOMM reported strong quarterly earnings of $2.77 per share and $10.37 billion in revenue, a 10.4% year-over-year increase, and declared a $0.89 per share dividend payable on September 25th, offering a 2.4% annual yield. The stock traded at $147.56 on Friday, up $1.66, with a market cap of $159.22 billion, P/E ratio of 14.23, and a quick ratio of 2.38. Insiders, including Inc/De Qualcomm, sold a total of 424,099 shares worth $8.352 million, reducing their position by 7.02%. Analyst ratings shifted, with JPMorgan Chase & Co. and Benchmark increasing their price targets to $200.00 and setting 'overweight' and 'buy' ratings, respectively, while others maintained or lowered targets. QUALCOMM operates through three segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI).

Manhattan West Asset Management LLC increased its stake in QUALCOMM by 15.1%, acquiring 2,831 shares and bringing total holdings to 21,583 shares valued at $3.315 million. QUALCOMM reported quarterly earnings of $2.77 per share, exceeding the consensus estimate of $2.71, with revenue up 10.4% year-over-year to $10.37 billion. The company announced a quarterly dividend of $0.89 per share, resulting in an annualized dividend of $3.56 and a yield of 2.4%. Several major institutional investors, including Vanguard Group, Northern Trust, UBS AM, Deutsche Bank, and Goldman Sachs, also increased their positions in the company during the recent quarters. Insider transactions include a sale of 1,600 shares by an insider at $146.40 per share and a larger sale of 412,500 shares by a major shareholder at $16.00 per share. The stock traded up $1.66 to $147.56 during midday trading on Friday, August 1st, with a market capitalization of $159.22 billion. Analyst ratings have shifted, with Susquehanna and Piper Sandler downgrading their targets and ratings, while Rosenblatt Securities maintained a 'buy' rating. The company operates in three segments: Qualcomm CDMA Technologies, Qualcomm Technology Licensing, and Qualcomm Strategic Initiatives.