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News  ›  Investing.com

Qualcomm Just Hit A 52 Week High—Time to Buckle Up

Investing.com Logo Investing.com By Sam Quirke
Qualcomm Just Hit A 52 Week High—Time to Buckle Up

Qualcomm's stock surged 11% after announcing entry into the AI accelerator market, positioning itself to compete with NVIDIA and AMD. The stock has already gained 70% since April, with analysts divided on its potential.

Insights
QCOM   positive

Entered AI accelerator market, 11% stock jump, consistent earnings performance, potential for diversification beyond mobile chips