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Qualcomm (QCOM) Expands Into AI Infrastructure Through SLB Collaboration and ByteDance Chip Agreement
Insider Monkey62d agoneutral
Qualcomm (QCOM) Expands Into AI Infrastructure Through SLB Collaboration and ByteDance Chip Agreement

QUALCOMM Incorporated (NASDAQ:QCOM) ranks among the best 5G stocks to buy right now. On June 9, SLB announced an agreement with QUALCOMM Incorporated (NASDAQ:QCOM) to collaborate on cutting-edge AI solutions for energy industry operations. The collaboration brings together Qualcomm Technologies’ power-efficient edge computing and AI processing tools with SLB’s Agora edge AI and IoT services […]

Bloomberg63d agoneutral
Jack Ma-Backed Ant Group Set for High-Stakes Overhaul of Billion-User App

(Bloomberg) -- Ant Group Co. is testing an overhaul to its Alipay super app that would introduce an AI agent interface, a major escalation in its battle for users with archrival WeChat.Most Read from BloombergWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOTrump Eyes Sunday Iran Deal But Tehran Says Still Reviewing TextAnthropic Shuts Down Mythos Access After Sweeping US OrderUS Wants to Avoid Congressional Vote on Trade Deal, Carney SaysAir India Plans to Downsize With Owner Tata

Wells Fargo Sees Greater Upside in Qualcomm (QCOM) Ahead of Investor Day
Insider Monkey63d agoneutral
Wells Fargo Sees Greater Upside in Qualcomm (QCOM) Ahead of Investor Day

QUALCOMM Incorporated (NASDAQ:QCOM) is included among the 10 Best S&P 500 Dividend Stocks to Buy Right Now. Wells Fargo raised its price recommendation on QUALCOMM Incorporated (NASDAQ:QCOM) to $230 from $160 on June 12. It reiterated an Equal Weight rating on the shares ahead of the company’s Investor Day. The firm said its bull-case scenario […]

Taiwan Semiconductor (TSM) is This Famous Billionaire’s Biggest AI Stock Holding
Insider Monkey63d agoneutral
Taiwan Semiconductor (TSM) is This Famous Billionaire’s Biggest AI Stock Holding

We just covered the Top 10 Stock Picks of 10 Famous Billionaires. Taiwan Semiconductor (NYSE:TSM) ranks #3 (see Top 5 Stock Picks of 5 Famous Billionaires). Number of Hedge Funds: 234 Top Pick Of: Philippe Laffont — Coatue Management Taiwan Semiconductor (NYSE:TSM) is the biggest holding of billionaire Philippe Laffont of Coatue Management. Taiwan Semiconductor (NYSE:TSM) […]

Why Qualcomm (QCOM) Stock Is Trading Up Today
StockStory64d agoneutral
Why Qualcomm (QCOM) Stock Is Trading Up Today

Shares of wireless chipmaker Qualcomm (NASDAQ:QCOM) jumped 4.8% in the afternoon session after macro rate relief from the Iran peace deal, a Wells Fargo price target increase, and positive positioning ahead of a June 24 Investor Day drove renewed market interest.

SpaceX stock gains, space companies fall, chips mixed on IPO news
Yahoo Finance Video64d agobearishVIDEO
SpaceX stock gains, space companies fall, chips mixed on IPO news

Yahoo Finance Senior Reporter Brooke DiPalma joins Market Domination to tackle today's top trending tickers, including the momentum driving SpaceX (SPCX) shares in Friday's session after the company's IPO, the impact it is having on other space stocks Virgin Galactic (SPCE) and Rocket Lab (RKLB), and how semiconductor stocks such as Micron Technology (MU) and Nvidia (NVDA) are moving on the historic public offering.

Arm Rockets 11%, Qualcomm Rises 5%: Who’s Winning the Chip-Architecture Race?
24/7 Wall St.64d agoneutral
Arm Rockets 11%, Qualcomm Rises 5%: Who’s Winning the Chip-Architecture Race?

Shares of Arm (NASDAQ:ARM) are up 11% in midday trading on Friday, June 12, changing hands near $379. Qualcomm (NASDAQ:QCOM) stock is also rallying, climbing 5% to trade near $213. Both moves come after a choppy stretch for the chip-architecture group, with Arm and Qualcomm shares snapping back together. The purest IP peers in electronic ... Arm Rockets 11%, Qualcomm Rises 5%: Who’s Winning the Chip-Architecture Race?

Buy, Hold, or Sell: Arm Holdings Shed 25% to Clear the Air as the Warsh Fed Digs In. Is It a Buy at $342?
24/7 Wall St.64d agoneutral
Buy, Hold, or Sell: Arm Holdings Shed 25% to Clear the Air as the Warsh Fed Digs In. Is It a Buy at $342?

At $342.23, Arm Holdings (NASDAQ:ARM) appears fairly valued, with a more attractive entry point sitting at or below $310 on any macro-driven technical consolidation. The stock has become the cleanest pure-play on agentic AI infrastructure, but the round trip from $100 to $428 and back to the mid-$300s in six months argues for patience over ... Buy, Hold, or Sell: Arm Holdings Shed 25% to Clear the Air as the Warsh Fed Digs In. Is It a Buy at $342?

Qualcomm’s AI Ecosystem Extends To Humanoid Robots And Autonomous Vehicles
Simply Wall St.65d agoneutral
Qualcomm’s AI Ecosystem Extends To Humanoid Robots And Autonomous Vehicles

Neura Robotics, backed by Qualcomm, Nvidia and Amazon, has secured funding of up to US$1.4b to scale AI-powered humanoid and cognitive robots across multiple industries. Qualcomm’s automotive partner QCraft is preparing global mass-market deployment of autonomous driving solutions built on Qualcomm’s SA8650P platform. These developments highlight Qualcomm’s push beyond smartphones into robotics and intelligent vehicles through its wider AI and hardware ecosystem. For investors tracking...

Investing.com66d agoneutral
BofA lifts targets on AMD and ARM, raises CPU TAM to $170bn

Investing.com -- Bank of America has raised its 2030 server CPU total addressable market estimate to more than $170 billion from $125 billion, arguing that agentic AI is driving a near-fivefold expansion in CPU demand and lifting price objectives across several semiconductor names.

Retail Traders Dump Big Tech to Raise ‘Dry Powder’ to Buy SpaceX
Bloomberg66d agobullish
Retail Traders Dump Big Tech to Raise ‘Dry Powder’ to Buy SpaceX

(Bloomberg) -- Retail traders’ infatuation with high-flying computer memory and storage companies is fading now that the next big thing — SpaceX’s initial public offering — is on the way. Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksTech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapOracle Falls After Data Center Costs Overshadow A

Nvidia, Amazon Back Neura Robotics’ $1.4 Billion Fundraise
The Wall Street Journal66d agoneutral
Nvidia, Amazon Back Neura Robotics’ $1.4 Billion Fundraise

Germany’s Neura Robotics said it secured up to $1.4 billion in funding to build a physical artificial intelligence platform, backed by Amazon Nvidia and the European Investment Bank. The robotics company on Wednesday said the funding aims to scale production to several million robots by 2030 as demand for physical AI expands across manufacturing, logistics, healthcare and consumer applications. The company, which reports an order backlog exceeding $1 billion, said it received backing from technology and financial players, including Tether, Amazon, Nvidia, Qualcomm Technologies Bosch, Schaeffler and the European Investment Bank.

SLB Qualcomm Edge AI Pact Adds New Angle To Valuation Story
Simply Wall St.66d agoneutral
SLB Qualcomm Edge AI Pact Adds New Angle To Valuation Story

SLB (NYSE:SLB) and Qualcomm Technologies signed a memorandum of understanding to co-develop edge artificial intelligence solutions for the energy sector. The collaboration focuses on combining Qualcomm's edge computing chips with SLB's Agora edge AI platform to enable real-time, automated decision-making in oilfield and energy infrastructure operations. The announcement highlights new efforts around operational efficiency, cybersecurity, and resilience that build on SLB's previously...