Cantor Fitzgerald analyst C.J. Muse raised Qualcomm's 12-month price target from $150 to $200, citing expected $10 billion data center revenue and $20 earnings per share by FY31. Despite the higher target, Muse maintains a "Neutral" rating due to skepticism about Qualcomm's CPU success beyond servers and the long timeline for XPU and ASIC growth. The stock has rallied over 30% year-to-date, trading above $226, with AI data center demand seen as the key growth driver. Wells Fargo also raised its target to $230, indicating bullish sentiment in the near term.
Qualcomm has been upgraded to a buy rating due to its strategic shift towards data centers and a growing automotive segment, which are expected to drive future revenue growth. The company aims to double its non-handset revenue to $40 billion by fisca...
A simple tap on a smartphone triggers a complex AI-driven process that spans from touch sensors to cloud computing, cybersecurity, automated warehouses, and last-mile delivery technologies. Key companies like Nvidia, Qualcomm, and Ambarella provide t...
The global industrial semiconductor market, valued at $98.35 billion in 2025, is projected to grow to $329.73 billion by 2035, with a CAGR of 12.86%. Growth is fueled by increasing adoption of AI-powered industrial automation, electric vehicles, smar...
