AIBullishBlockonomi · 3h ago7/10
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Qualcomm (QCOM) Stock Rockets 12% on $40B Revenue Goal and Meta Partnership
Qualcomm's stock surged 12% following the company's announcement of a $40 billion revenue target for fiscal year 2029 and new partnerships with Meta and Microsoft for AI datacenter chips. The milestone reflects growing demand for specialized semiconductor solutions in the competitive AI infrastructure market.