Qualcomm is trading at ARS 27440.00, up +4.89%, after StoneX reiterated its Buy rating and ARS 270.00-equivalent price target.
- StoneX cited Qualcomm’s data-center growth prospects.
- The gain is notable as semiconductor stocks broadly weaken amid concerns that AI leaders’ slowdown calls could reduce chip demand.
- Qualcomm’s recent Amazon AI-data-center collaboration remains supportive, with potential purchases reaching $60 billion over time.