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.
Arm's stock fluctuated significantly in 2026 due to shifts in customer demand and supply confidence for its silicon manufacturing. Despite steady demand figures, the stock fell earlier in the year due to supply concerns but rallied strongly in Septem...
Qualcomm's stock surged 7% following a demonstration of a high-density die-to-die optical interconnect for AI systems, showcased with partners Lumentum Holdings and Corning. This demo signals Qualcomm's expansion beyond its traditional smartphone mod...
Qualcomm and Analog Devices, two semiconductor companies, are close to reaching a $200 billion market capitalization driven by strong growth in AI, automotive, and data center markets. Qualcomm’s market cap is about $189.81 billion, with key growth i...
Qualcomm shares dropped 6% to $178.15, giving back part of a recent 12% rally, while the broader semiconductor sector, represented by the iShares Semiconductor ETF, rose 1%. This decline appears specific to Qualcomm, likely due to profit-taking after...
Qualcomm's stock rose 18% over the past month, outperforming the broader chip market but lagging behind smartphone chip peers Skyworks Solutions (33%) and Qorvo (23%). The rally was driven by a narrow rotation into smartphone chip suppliers, not a br...
