Qualcomm's stock dropped 30% over three months after a mixed Q3 earnings report and lowered guidance, while peers surged on AI momentum. Despite handset revenue declines and margin pressures, analyst Tristan Gerra from Baird projects a $400 price target, betting on Qualcomm's expansion into AI data-center chips and automotive silicon. The company aims to nearly double non-handset revenue by 2029, driven by new AI and automotive wins. Most analysts remain cautious with a consensus target of $193, implying 14.6% upside, but Baird's bullish call highlights significant potential if diversification efforts succeed.
Ultrahuman, an Indian startup known for smart rings, raised $70 million in a funding round led by Qualcomm Ventures and others, valuing the company at $365 million. The startup aims to evolve its rings from simple health trackers to devices capable o...
The Vanguard Dividend Appreciation ETF (VIG) pays significantly lower dividends than the Schwab U.S. Dividend Equity ETF (SCHD) because VIG's index excludes high-yield stocks to prioritize consistent dividend growth. This design means retirees holdin...
Nvidia has invested $3.5 billion in convertible bonds issued by MediaTek as part of a new partnership to integrate Nvidia technology with MediaTek's custom AI chip business. This collaboration aims to expand MediaTek's presence in the data center mar...
Qualcomm's stock rose 15% in the past month, recovering from a post-earnings drop despite mixed Q3 results that showed declining handset revenue but strong growth in automotive and IoT segments. CEO Cristiano Amon highlighted a bullish outlook on dat...
Arm Holdings has become a key player in AI data center CPUs, with revenue up 22% year-over-year and data center royalty revenue doubling. Despite strong growth and a bullish price target of $265.32 (about 11% upside), the stock trades at a high forwa...
