🟢 QCOM is trading 2.8% up today on Snapdragon C launch for low-cost Windows laptops

QCOM is trading 2.8% up at $250.00 in pre-market action following the launch of its Snapdragon C ARM platform designed for the budget PC market.

• The new platform targets Windows 11 laptops priced at approximately $300, positioning Qualcomm to challenge Chromebooks and significantly expand its PC total addressable market (TAM).
• The move extends a volatile multi-day rally for the stock, which has seen sharp swings this week amid strong earnings and continued AI-related enthusiasm.