Qualcomm is currently valued like a smartphone supplier but is expanding significantly into AI and data center markets. The company expects $40 billion in non-handset revenue by 2029, with $15 billion from data centers, driven by new custom silicon deals with hyperscalers starting to generate revenue soon. Despite recent stock volatility and handset market pressure, Qualcomm's AI growth potential and diversification strategy could lead to a significant stock price increase, with a 12-month price target of $225.99, up 22% from current levels. Risks include margin pressure and competition, but the AI expansion is seen as a major growth driver.
Qualcomm shares trade at USD 178.77 on Pluang as of Oct 07, 2026 18:12 WIB, down 1.26% for the day and well below their 52-week high of USD 251.10. This price sits closer to the midpoint between the 52-week low of USD 124.07 and the high, reflecting ongoing market caution despite the company’s ambitious AI and data center growth plans. The stock’s dividend yield stands at 2.03%, with a strong buy interest on Pluang at 91%.
Skyworks Solutions stopped paying dividends to fund its $2 billion Qorvo merger, despite beating earnings estimates but facing revenue decline and customer concentration risks. Qualcomm, meanwhile, continued raising its dividend, supported by strong ...
Qualcomm's automotive revenue surged 61.4% year-over-year to $1.588 billion in its latest quarter, even as U.S. battery-electric vehicle sales fell 29.2%. This growth is fueled by Qualcomm's global chip sales and its products' application beyond elec...
Taiwan Semiconductor Manufacturing's stock rose 2% to a record high after Elon Musk confirmed early-stage talks with Terafab, a new chip manufacturing venture planned for Texas. While no deal is finalized, the potential partnership could expand Taiwa...
Qualcomm is shifting focus from its shrinking handset business to rapidly growing data center and automotive markets, aiming for $40 billion in non-handset revenue by fiscal 2029, up from $22 billion. The company expects non-handset growth to acceler...
October online sales are expected to reach $95.8 billion, an 8% increase year-over-year, driven by early holiday promotions from Amazon, Target, and Walmart. Qualcomm and Huawei finalized a multi-year cross-licensing agreement covering 5G, AI, and ne...
