QUALCOMM Incorporated is trading at $30,980.00 (+6.10%) as shares extend an AI-driven rally fueled by reported takeover talks with Tenstorrent and optimism surrounding its data center expansion.
- The move reflects a broader market re-rating of the company’s AI and custom-silicon roadmap.
- Investors are increasingly focused on an upcoming investor day expected to detail the company’s long-term data-center strategy.