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Why Qualcomm Stock Gained 12.8% in June

TheMotleyFool

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Why Qualcomm Stock Gained 12.8% in JunePhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/ee32e77c-b7d6-424b-91ea-4023f2292688.png

Shares of Qualcomm (NASDAQ: QCOM) gained 12.8% in June, according to data from S&P Global Market Intelligence. The semiconductor stock moved in conjunction with positive momentum for the broader market and benefited from news about the company's next-generation connectivity chips and positive coverage from analysts.