QUALCOMM is trading at $17.59 (+3.53%) following a broad semiconductor-led rally carried over from the July 9 session.
- The Nasdaq rose 1.30% as chip stocks gained momentum from AI-related optimism, including Meta’s Iris chip and Micron’s U.S. investment plan.
- The upward move appears to be sector-driven, as no company-specific headlines are currently tied to the price action.