Qualcomm (QCOM) Unveils New AI Chips, Secures Data Center Deal — Analysts Still Neutral

QUALCOMM Incorporated (NASDAQ:QCOM) is one of the AI Stocks in the Spotlight This Week. On October 28, Citi raised the firm’s price target on the stock to $175 from $170 and kept a Neutral rating on the shares. The rating follows QCOM’s announcement of two products for artificial intelligence, along with a deal with Saudi Arabia’s startup Humain. The company unveiled two artificial intelligence chips for data centers, on October 27, which will be available next year. The two new chips, known as AI200 and ...