🔴 QCOM.BA Holds Flat After Investor Day Reveals Major AI Deals and Targets, Stabilizing from Recent Sell-Off

QCOM.BA is trading at $27640.00 (0% down), holding flat today as positive revelations from its June 24 Investor Day counterbalanced recent investor concerns.

• The stabilization follows two sessions of steep declines triggered by worries over Qualcomm’s aggressive $14 billion AI acquisition strategy, including the $3.9 billion Modular deal, and broader technology sector weakness.
• At its Investor Day, Qualcomm unveiled a multi-year partnership with Meta to supply data center CPUs for AI infrastructure and significantly raised its fiscal 2029 non-handset revenue target to $40 billion, including over $15 billion from its data center AI strategy.