Qualcomm is trading 4.46% up at $188.19 after StoneX reiterated its Buy rating and set a $270 price target, citing data-center growth prospects.

  • The semiconductor sector is under broad pressure.
  • MediaTek’s new 2nm smartphone processor intensifies competition ahead of Qualcomm’s expected flagship launch.
  • Available evidence points to company-specific analyst support outweighing sector weakness; no direct volume data is provided.