Qualcomm stock jumps after unveiling new AI chips to challenge Nvidia
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
Rosenblatt: 'There is room for Qualcomm to generate significant AI inference related revenue longer-term'
October 27, 2025 2:08 PM EDTRosenblatt analyst Kevin E. Cassidy reiterated a Buy rating and $225.00 price target on Qualcomm (NASDAQ: QCOM).
The analyst comments "We view today's announcement as positive for the QCOM shares for the longer-term. For years management's strategy has been to diversify its end markets... More

