What's Going On With Qualcomm Stock Friday?
Qualcomm (QCOM) ticks up premarket. Explore its AI-native 6G strategy, key technical support levels, and Wall Street analyst targets.
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MediaTek Cranks Up Pressure on Qualcomm With Cutting-Edge Smartphone Chip
Qualcomm stock dips premarket as rival MediaTek launches new 2-nanometer processors and expands into custom AI data-center chips.
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Chip Stocks Recovered Today and the Major Indexes Fell Anyway
Major stock indexes fell despite chip stocks recovering from Monday's AI-driven selloff. The Dow and Nasdaq Composite each dropped 0.7% while the S&P 500 fell 0.4%. Rising Treasury yields (10-year at 5.041%, highest since July 2007) and elevated oil prices drove market concerns. The Fed is expected to hike rates by a quarter-point on Wednesday, with future rate decisions dependent on energy costs and inflation pressures.