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Qualcomm stock rises 68% amid AI chip plans and potential major acquisition.

Market News
16 Jun 2026
Barrons
View Source
Bullish
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Qualcomm's stock has surged 68% in the past three months as investor excitement grows around its new artificial intelligence processor strategy. The chip maker is focusing on data-center technology and may be preparing for a significant acquisition to strengthen its position. This shift helps Qualcomm move beyond concerns about the smartphone and PC markets, signaling strong growth potential in AI-related sectors.

More News (QCOM)

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