Bank of America resets Qualcomm price target after earnings

Qualcomm reported its Q4 earnings on November 5. During the earnings call, Qualcomm CEO Cristiano Amon said: "The mass adoption and continuous use of AI applications is driving the industry to look for competitive alternatives that prioritize power-efficient performance and cost. We announced our entry into this market and recently unveiled our AI inference-optimized AI200 and AI250 SoCs and associated accelerator cards and racks. We’re very pleased to have HUMAIN as our first customer for these solution ...