Qualcomm Soars on AI Wave, Up 36% YTD

Qualcomms stock surged 7.6% today, driven by robust Q2 earnings, advancements in data center chips, and a US-China tariff truce. Analysts upgraded their ratings, with Daiwa Securities setting a new price target of $225. The chip market is booming, with AI and data centers fueling global semiconductor sales towards $1 trillion. Qualcomms stock has soared 36.2% this year, with investors who bought $1,000 worth five years ago now sitting on $1,836. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/cde1a4e516e20541

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