Why Qualcomm Stock Was Moving Higher Today
Shares of Qualcomm (NASDAQ: QCOM) were climbing after the chipmaker announced a new supply agreement with Apple, ensuring a key revenue stream will continue through at least 2026.
As of 10:24 a.m. ET, the stock was up 2.8% after opening the session trading up as much as 5.4%.
In a press release this morning, Qualcomm said it has entered into an agreement with Apple to supply Snapdragon 5G Modem-RF Systems for smartphone launches in 2024, 2025, and 2026.
Source Fool.com
Qualcomm Inc. Aktie
128,08 €
-2,48 %
Leichte Community-Bevorzugung: Qualcomm Inc. mit mehr Buy- als Sell-Einschätzungen.
Ein Kursziel von 175 € für Qualcomm Inc. würde eine Steigerung von mehr als 20% gegenüber dem aktuellen Kurs von 128.08 € bedeuten.
