🟢 QUALCOMM Incorporated is trading 5.1% up today rebounding from profit-taking after its recent AI-driven rally

QUALCOMM Incorporated is trading 5.1% up now at $22.82, recovering part of yesterday’s sharp drop that followed an extended AI-driven rally.

• The bounce follows a two-week surge of more than 20% tied to a new custom AI chip deal with ByteDance.
• Today’s move is framed as a rebound from profit-taking rather than fresh fundamental news.
• The stock is currently outperforming broader indices, which are trading only modestly higher.