AI predicts Qualcomm stock price for 2025
Qualcomm (QCOM) experienced a significant surge in its stock price, rising over 6% this week. This boost followed the chipmaker’s fourth quarter of fiscal 2023 release of better-than-expected results and optimistic guidance, driven by an increase in demand for mobile phones. The company reported earnings per share (EPS) of $2.02, surpassing expectations. Despite a 24%…