Qualcomm Is Striving for a Bigger Piece of AI Infrastructure. Here’s What That Means for QCOM Stock.

J.P. Morgan released a bullish note on Qualcomm despite its core business facing headwinds in the short term.

Qualcomm (QCOM), known primarily for making smartphone processors, is slowly gaining traction in three new markets: Data Centers, Automotive, and IoT. This has led J.P. Morgan’s analyst, Samik Chatterjee, to put the semiconductor company on a positiv… [4165 chars]

Source: Barchart | Published: 2026-06-15T11:30:02Z

Credit: Barchart