Multiple events involving Qualcomm (QCOM) have occurred recently. The company has gone through an earnings report, with analysts providing insights into key measures. Furthermore, the stock target of Qualcomm was raised by $50 due to an improved revenue visibility. Speculations about Qualcomm's future hint at potential upside in automotive and Edge AI. Moreover, it has been predicted that there is a 34% upside and that a recent share price pullback provides an entry point. However, caution is advised, with considerations to wait for $140. There are potential industry rumors about Qualcomm being the next Nvidia in production. Moreover, Qualcomm's stock saw a surge due to a potential partnership with Samsung. It's also reported there was a significant dip compared to the broader market. This is in tandem with the company's AI and Auto Business coming into focus as it publishes its Q3 earnings. Finally, Qualcomm is benefiting from AI integration into mobile phones, and recently deployed Snapdragon 8 Gen 3 on the Galaxy Z series.
Qualcomm QCOM News Analytics from Wed, 31 Jan 2024 08:00:00 GMT to Sun, 28 Jul 2024 17:12:00 GMT -
Rating 8
- Innovation 7
- Information 6
- Rumor 5
