Victory Capital Management Inc. Boosts Qualcomm Stake

NodeGuardian · 2026-04-02T13:00:35+00:00

Victory Capital Management Inc. increased its Qualcomm stake by 38.9%, now owning nearly 4 million shares worth about $646.7 million, underscoring confidence in Qualcomm's growth in wireless technology and emerging sectors like robotics and 6G.

NodeGuardian

2026-04-02 13:00:35

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Victory Capital Management Inc. increased its stake in Qualcomm Incorporated by 38.9% during the third quarter, signaling confidence in the wireless technology company’s long-term growth potential. The firm now owns nearly 4 million shares of Qualcomm’s stock, valued at approximately $646.7 million. This substantial investment highlights Qualcomm’s significant role in the wireless technology industry and its expansion into emerging sectors like robotics and 6G networks.

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