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Qualcomm (QCOM) ticks up premarket. Explore its AI-native 6G strategy, key technical support levels, and Wall Street analyst targets.
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The Eclipse Foundation announced the formation of the Sovereign AI Foundation, a vendor-neutral initiative with 17 founding member organizations aimed at helping enterprises understand AI dependencies, evaluate open source alternatives, and maintain greater control over their AI systems. The foundation will connect industry needs with open source AI projects and develop practical guidance resources without developing software itself.
Analysts downgraded MPC, ERIC, VLO, DAVA, lowering price targets for Ericsson and Pegasystems.
U.S. stock futures were mixed. Ericsson fell 4.3% after a Morgan Stanley downgrade; Quest Diagnostics, Rambus and others also declined premarket.
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Marvell stock jumped 7% after setting a $20B revenue target for FY28 and up to $90B by FY31, driven by AI chip demand.
From an $8.2B AI acquisition to surging GPU demand, explore what is driving AMD's stock rally and analyst price forecasts.