QUALCOMM Inc (QCOM) has recently been in the eye of various investment firms due to its significant developments related to AI and data centers, coupled with attractive valuation. There has been a surge in the companies investing in QCOM, including British Columbia Investment Management Corp and Novem Group, while some like Vident Advisory LLC and Worldquant Millennium Advisors LLC have divested. A $1.5 billion in senior notes has been issued and $75M settlement declared for shareholders. QCOM has strategically partnered with Nvidia for data center processors and is tipped to be one of the best income stocks for investment. However, opinions remain divided on the stock with some advising a buy position citing cheap P/E while others have downgraded the stock due to chart breakdown. Despite a strong Q2 earnings report, the stock witnessed a dip. The soft revenue outlook drawing critics, as fears of Trump tariffs denting revenue loom. While the aforementioned factors may impact the stock price, QCOM’s plans to venture into the highly competitive CPU market looks promising.
Qualcomm QCOM News Analytics from Mon, 10 Mar 2025 07:00:00 GMT to Sat, 24 May 2025 12:31:06 GMT -
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