AIBullishBlockonomi · 3h ago7/10
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Qualcomm (QCOM) Stock Hits Record High: 42% Rally Driven by Data Center Entry and Tariff Relief
Qualcomm's stock surged to an all-time high of $247.90, gaining 42% in five days following announcements of data center chip development, US-China tariff relief, and bullish analyst upgrades. This rally reflects growing investor confidence in the company's diversification beyond smartphones into high-margin semiconductor markets.