🟢 Qualcomm Incorporated is trading 6.1% up today on JPMorgan price target hike and AI optimism

Qualcomm Incorporated is trading 6.1% up at $231.00 in after-hours trading, rebounding from last week’s sharp semiconductor sell-off.

• JPMorgan raised its price target to $265 and issued a Positive Catalyst Watch, citing expected growth in AI and data center segments.
• The stock is benefiting from a broader technology sector recovery as the Nasdaq bounces back and geopolitical tensions ease.