The Qualcomm Stock Quandary: Take Profit or Let it Ride?

It took some time for Qualcomm (NASDAQ:QCOM) to become regarded as a top AI play, but since it took shape late last year, Qualcomm stock has been on a tear. Shares in the mobile chip company have surged by more than 52% over the past six months.Changing hands for around $215 per share, QCOM is now near all-time highs. Yet after this sudden run-up in price, is it time to take profit, or to let it ride for additional gains? On the surface, it may seem as if shares have soared too far, too fast. With the AI gr ...