🟢 QUALCOMM Incorporated is trading 4.8% up today, rebounding from yesterday's AI-driven profit-taking selloff

QUALCOMM Incorporated is trading 4.8% up today at $22.75, bouncing back after yesterday’s sharp selloff that followed a significant AI-driven rally.

• The stock recently experienced a two-week surge of more than 20% fueled by news of a new custom AI chip deal with ByteDance.
• Today's price action represents a partial recovery from Monday's 6.1% drop, which analysts attributed to profit-taking as investors step back in following the pullback.