AI predicts Qualcomm stock price for year-end amid launch optimism

Qualcomm's (NASDAQ: QCOM) stock is expected to have a strong finish in 2024, driven by key innovations and strategic initiatives. At the forefront of this growth is the highly anticipated Snapdragon 8 Gen 4 (SD8G4), Qualcomm's most profitable mobile chipset to date, which is forecast to significantly boost Q4 earnings. According to TF International Securities analyst Ming-Chi Kuo, SD8G4 shipments are expected to grow by 50% year-over-year, accompanied by a 15% rise in the average selling price. This puts Qu ...