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Qualcomm (QCOM) Stock Hits All-Time High After ByteDance AI Chip Deal

By Trader Edge at 2026-05-26 12:05

Sentiment: Positive

TLDR Qualcomm stock hit an all-time high of $247.91, up 6.66% on the day. The stock has delivered a 68% total return over the past year. ByteDance is set to buy millions of Qualcomm ASICs to power its AI agent software. The deal marks one of Qualcomm’s first major wins for its new AI-focused chip [...] The post Qualcomm (QCOM) Stock Hits All-Time High After ByteDance AI Chip Deal appeared first on CoinCentral. Continue reading...

Categories: Stocks

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