◆ NeutralQCOMMETA

Why Qualcomm Stock Popped Today

The Motley Fool·
Why Qualcomm Stock Popped Today

Qualcomm shares rose 3.65% after the chipmaker unveiled new AI-focused growth targets at its 2026 Investor Day. The company introduced its Dragonfly C1000 CPU designed for agentic AI workloads, with Meta Platforms already signed on as a customer. Qualcomm expects non-handset revenue to reach $40 billion in fiscal 2029 (double prior forecast) and targets over $18 in adjusted earnings per share.

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