Qualcomm Will Benefit From Edge AI Strength In Smartphones And PCs, Analyst Says

QUALCOMM Incorporated QCOM shares are trading lower on Wednesday.KeyBanc Capital Markets analyst John Vinh maintained the Overweight rating and $225 price target due to its edge AI positioning in smartphones and PCs and expanding auto sector presence.The analyst had an investor call with QCOM management, who highlighted key points, including the expectation that Samsung Electronics Co., Ltd. SSNLF GS25’s market share will be 70-75% in the first quarter (December), with potential upside if final allocations ...