Should Investors Be Worried About the Qualcomm Sell-Off? 3 Reasons I'm Not Selling This AI Stock.
Qualcomm(QCOM) The Motley Fool·2024-08-18 12:00
It's much too early to write off this semiconductor stock.The recent sell-off in tech stocks did not leave Qualcomm (QCOM -0.67%) unscathed. Although the stock price has stopped falling significantly for now, it has fallen 30% since peaking in June as investors started to sell artificial intelligence (AI) stocks.Nonetheless, as a Qualcomm shareholder, my confidence in the company has not diminished, even though the semiconductor stock has pulled back. Instead, I plan to continue holding, and three key reaso ...