And they said it could never happen
According to the latest rankings of companies based on market capitalisation, Qualcomm is now worth more than Intel.
The S&P 500 ordered by largest market capitalization has Qualcomm in the 29th spot which is one higher than Chipzilla. Market capitalization gives a true comparison of the value attributed by the stock market to a given company’s stock. Bomparing market capitalization enables a good comparison of the value of two stocks.
Qualcomm is valued at $113.82 billion while Intel is valued at $111.85 billion.
