Weekly Recap | Qualcomm +7.84%, Amazon AI chip deal in focus
Weekly Review·
- Qualcomm shares rose 7.84 % to 181.97 USD over the week, outperforming the S&P 500 index.
- The surge was driven by a reported 60 billion USD, 10-year custom AI chip partnership expansion with Amazon Web Services.
- Thirty-eight institutions maintained a consensus neutral rating with a target price of 194.43333 USD amid divergent market views.