Reported about 23 hours ago
Qualcomm, valued at $157.4 billion, continues to show strong growth in the semiconductor sector with recent fiscal Q3 results reflecting a 10% increase in revenue year-over-year. The company is focusing on mobile processors, expanding into AI, automotive, IoT, and data centers, and has plans for ongoing revenue growth, including its recent partnership with Xiaomi. Analysts view Qualcomm positively, with a consensus rating of 'Moderate Buy' and an average target price suggesting potential significant upside. With robust financial health and strategies for future growth, Qualcomm presents a solid investment opportunity.
Source: YAHOO