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.
