Qualcomm stock is on the rise the last few days.12% return in the last 5 days. Can we expect a bull run like Nividia? Seems they are investing in bringing AI to mobiles, computers and lot devices.
Only way Qualcomm will and can make money out of the AI wave is by selling the chipset for a device. There is a ceiling to the revenue earned out of it, and is limited to devices sold. Meaning the number of phones sold. (Let’s not count laptops, before they are available in the market).
I’ve been observing the same, the stock looks appealing, might buy some to not miss the hype train
Lot of folks on Twitter have a $200 price target. I got in at $150
I bought some $230 call options for Qualcomm expiring July 19th. Up almost 400% over three weeks so far.
I feel the stock will hit 200 by end of May and by end of the year will be 250 will be achieved. PCs powered by Snapdragon X elite chipset will hit this year soon. It is touted to be Qualcomm flagship chip for running AI
How many contracts ?
Thanks for paying attention. Yes, spread the word.
Not about spreading the word just want to ensure I don't miss out on a bull run like Nvidia. Qualcomm is about to explode and it is coming at a cheap price wanted to increase my stake as much as possible to maximize the gains
What’s the moat for Qualcomm? Apple and Samsung will have AI engines in their apps processor or phones. And how can they charge 75% margins. Phones and edge device market is big but the margins probably aren’t . So the stock might do well but expecting Nvidia like run is unrealistic
Amd google meta and ms make ASICS for ML, what’s Nvidias MOAT ? Your Argument for Apple adds up but Samsung has been trying to push exynos for ages and they can’t get rid of Qualcomm. Moat in XR, Windows on arm with X elite. I agree it won’t be as good as Nvidias run but it’s wouldn’t be a run to ignore at the moment
Just to add another point Apple is also struggling to make their own modems
Just looking from QC fundamental valuation, it has been a value stock and underrated for a while compared to other semi stocks. It has for sure room for growth but can’t match the level Nvidia has done today in terms of stock growth. Its insane
No way. They have their usual pipeline of chips, but they are not getting that kind of growth without creating a big moat. It used to be cellular, but that’s being chipped away by many.
No
We hope 🥲😭🙏🙏🙏