Qualcomm is trading at $162.68 with a 24/7 Wall St. price target of $226.08, implying nearly 39% upside in the next year. Despite a recent 14% drop and handset revenue falling 20% due to China inventory issues, the company’s automotive segment grew 61%, and new data center deals are set to start shipping by December 2026. The CEO projects non-handset revenues to nearly double by 2029, driven by automotive and AI-related growth. Risks include rising costs and Apple reducing modem use, but the stock’s current valuation appears undervalued given its growth potential.
A Delaware jury ruled that Arm breached its chip architecture license agreement with Qualcomm, causing Arm's stock to fall 5%. AMD shares also dropped 5%, while Taiwan Semiconductor's shares declined 2%. The verdict threatens Arm's core business mode...
Arm Holdings has gained over 120% this year by expanding from smartphone chip designs into AI data center silicon, attracting strong Wall Street interest. Despite a recent 19.6% drop in a week and a valuation at 302 times trailing earnings, the compa...
Intel and Qualcomm both rebranded around AI in their recent earnings, but investor reactions diverged. Intel reported strong revenue growth driven by AI-related Xeon server CPUs and data center demand, with supply constraints noted. Qualcomm, meanwhi...
Qualcomm is shifting focus from smartphone chips to AI and data center technology, with handset revenue down 20% but automotive and non-handset segments growing strongly. The company raised its non-handset revenue target to $40 billion by 2029, drive...
Inseego Corp. is participating in carrier evaluations of Licensed Band Radio (LBR) technology, building on its FastMile mmWave portfolio acquired from Nokia. LBR combines licensed mmWave spectrum with high-capacity wireless connectivity to offer fibe...
