Why Qualcomm Stock Was Trading Down Earlier Wednesday
Shares of (NASDAQ: QCOM) were down 2% as of 12:35 p.m. ET on Wednesday. The dip came after a report from The Wall Street Journal that the Biden administration was considering restricting the shipment of artificial intelligence (AI) chips to China and other countries without first obtaining a license.
This news follows similar restrictions put in place last year on advanced computing chips.
The AI boom has sent the Nasdaq Composite soaring 30% year to date, as many leading tech stocks could see growing revenues from demand for AI technologies.
Source Fool.com
Qualcomm Inc. Aktie
141,18 €
7,09 %
Qualcomm Inc. erfreut sich mäßiger Beliebtheit, mit mehr Buy- als Sell-Einschätzungen.
Für Qualcomm Inc. sieht die Community ein Kursziel von 174 €, was eine erhebliche Steigerung um über 20% gegenüber dem aktuellen Kurs von 141.18 € bedeutet.
