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Qualcomm Surges 12%, Skyworks Rallies 9%, Qorvo Rises 7%: The Mobile Chip Trade Picks Smaller Winners
24/7 Wall St.89d agobullish
Qualcomm Surges 12%, Skyworks Rallies 9%, Qorvo Rises 7%: The Mobile Chip Trade Picks Smaller Winners

Shares of Qualcomm (NASDAQ:QCOM) are up 11% at midday Friday, with Skyworks Solutions (NASDAQ:SWKS) higher by 9% and Qorvo (NASDAQ:QRVO) tacking on 7%. The mobile and RF (radio frequency) chip trade is rallying broadly, but the bid is concentrated in the smaller, more focused names in the group. Investors are picking pure-play winners while passing ... Qualcomm Surges 12%, Skyworks Rallies 9%, Qorvo Rises 7%: The Mobile Chip Trade Picks Smaller Winners

Prediction: Analysts Say Qualcomm Stock Is Set For A Massive Breakout
24/7 Wall St.89d agoneutral
Prediction: Analysts Say Qualcomm Stock Is Set For A Massive Breakout

Qualcomm (NASDAQ:QCOM) has staged a remarkable comeback, recovering 51.2% from its March low of $129.39 to today’s level near $195. The question now is whether the rally has legs or has run ahead of fundamentals. Our proprietary model says it still has room to run. The 24/7 Wall St. price target for Qualcomm is $268.83 ... Prediction: Analysts Say Qualcomm Stock Is Set For A Massive Breakout

Melius Research Raises Qualcomm (QCOM) Price Target, Sees More Upside in AI Semiconductor Stocks
Insider Monkey89d agoneutral
Melius Research Raises Qualcomm (QCOM) Price Target, Sees More Upside in AI Semiconductor Stocks

QUALCOMM Incorporated (NASDAQ:QCOM) is included among the 10 High Quality Stocks to Buy According to Hedge Funds. On May 18, Melius Research raised its price recommendation on QUALCOMM Incorporated (NASDAQ:QCOM) to $220 from $170. It reiterated a Hold rating on the shares. The firm said that while “nothing really emerged as incrementally good from Trump going […]

Melius Research Raises PT on Micron Technology (MU)
Insider Monkey89d agoneutral
Melius Research Raises PT on Micron Technology (MU)

Micron Technology, Inc. (NASDAQ:MU) is one of the Most Undervalued US Stocks According to Hedge Funds. On May 18, Melius Research raised the firm’s price target on Micron Technology, Inc. (NASDAQ:MU) from $700 to $1,100 and maintained a Buy rating. ​The firm noted that they remain optimistic regarding their long-term conviction in memory chips and […]

Intel Foundry: After A 3x Rally, Time For A Reality Check?
Trefis89d agobullish
Intel Foundry: After A 3x Rally, Time For A Reality Check?

Intel (INTC) stock has rallied 3x year-to-date on improving CPU demand and growing optimism around its foundry business. Investors increasingly see Intel Corporation as more than a cyclical PC company. The market is beginning to price in the possibility that Intel could emerge as a meaningful second source for advanced semiconductor manufacturing alongside Taiwan Semiconductor Manufacturing Company.

Should You Buy Taiwan Semiconductor (TSM) in 2026?
Insider Monkey90d agobullish
Should You Buy Taiwan Semiconductor (TSM) in 2026?

We just covered the 10 Best Pick and Shovel AI Stocks to Buy for the Long Term. Taiwan Semiconductor Manufacturing Company (NYSE:TSM) ranks #2 (see 5 Best Pick and Shovel AI Stocks to Buy for the Long Term). Short interest: 0.5% Taiwan Semiconductor Manufacturing Company (NYSE:TSM) is effectively selling shovels in a gold rush with […]

Why Qualcomm (QCOM) Stock Is Trading Lower Today
StockStory90d agoneutral
Why Qualcomm (QCOM) Stock Is Trading Lower Today

Shares of wireless chipmaker Qualcomm (NASDAQ:QCOM) fell 4% in the afternoon session after a broader selloff hit the semiconductor sector amid valuation concerns and investor nervousness ahead of Nvidia's earnings report.

Is Qualcomm Inc. (QCOM) a Top tech Stock in Ken Fisher Portfolio on Data Center Opportunities?
Insider Monkey90d agoneutral
Is Qualcomm Inc. (QCOM) a Top tech Stock in Ken Fisher Portfolio on Data Center Opportunities?

Qualcomm Inc. (NASDAQ:QCOM) is one of the top tech stocks in billionaire Ken Fisher’s portfolio. On May 5, Aletheia Capital reiterated a Hold rating on Qualcomm (NASDAQ:QCOM) in response to the company’s gains in artificial intelligence business, driven by CPU and ASIC performance. While delivering fiscal second-quarter results, Qualcomm reiterated that it is in a […]

Qualcomm (QCOM) Valuation In Focus After Semiconductor Selloff And AI Rally Cooldown
Simply Wall St.91d agoneutral
Qualcomm (QCOM) Valuation In Focus After Semiconductor Selloff And AI Rally Cooldown

QUALCOMM (QCOM) has come under pressure after a sector wide semiconductor selloff, with investors reacting to valuation concerns, profit taking after an AI fueled rally, and caution ahead of major chip earnings. See our latest analysis for QUALCOMM. That sector wide pullback comes after a sharp run up, with a 30 day share price return of 47.29% and a 1 year total shareholder return of 37.00%. This suggests momentum has been strong but is now being tested. If you are looking beyond QUALCOMM...

Stocks Finish Sharply Higher on Iran Hopes
Barchart91d agoneutral
Stocks Finish Sharply Higher on Iran Hopes

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +1.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.66%. June E-mini S&P futures (ESM26 ) rose +0.96%, and June E-mini Nasdaq futures...

Intel shares rise on reports of Tenstorrent acquisition talks
Proactive91d agoneutral
Intel shares rise on reports of Tenstorrent acquisition talks

Intel Corp (NASDAQ:INTC, XETRA:INL) shares moved higher on Wednesday following reports that the company has shown early-stage interest in acquiring AI-chip startup Tenstorrent. According to Bloomberg, Tenstorrent has been working with investment banks to evaluate strategic options and has...

Qualcomm Tenstorrent Interest Puts AI Data Center Ambitions In Focus
Simply Wall St.91d agoneutral
Qualcomm Tenstorrent Interest Puts AI Data Center Ambitions In Focus

Qualcomm, ticker NasdaqGS:QCOM, has reportedly expressed takeover interest in AI chip startup Tenstorrent. The talks put Qualcomm alongside Intel as a potential acquirer, pointing to an expansion into data center and edge AI chips. The discussions focus on AI accelerators rather than Qualcomm’s traditional smartphone oriented products. For you as an investor, this potential move matters because Qualcomm is widely known for mobile processors and wireless connectivity, while Tenstorrent...