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Weekly Recap | Qualcomm -8.47%, moving on $60bn AI-chip fundraise
Weekly Review·- Qualcomm accumulated an 8.47 % drop this week to close at 184.87 dollars, significantly underperforming the S & P 500. - The company launched a 60 billion dollar financing initiative for AI chips to support firms like Anthropic in procurement. - Institutional ratings remained generally neutral with a consensus target price of 194.13 dollars, while upcoming macroeconomic data and Q4 earnings will guide future valuation.Weekly Recap | Qualcomm +13.65%, closing in on record highs
Weekly Review·- Qualcomm accumulated a 13.65% weekly increase to close at 201.97 USD, driven by the Apple patent license renewal and the launch of Snapdragon on-device AI products. - The rally pushed the stock above the consensus analyst target price of 194.13 USD, while market participants exhibited divergence and upcoming macro data as well as the Q4 earnings report on November 4 will provide further direction. - Large capital showed net outflows while small and medium capital recorded net inflows, highlighting ongoing market divergence regarding the sustainability of the recent gains.