Qualcomm Set For 50% Surge In Snapdragon 8 Gen 4 Shipments By Late 2024, Analyst Predicts
Qualcomm Inc (NASDAQ:QCOM) stock is shooting upward after analyst Ming-Chi Kuo commented on the company’s Snapdragon 8 Gen 4 shipments. The analyst noted that Qualcomm’s stock price has already factored in the negative impact of Apple Inc (NASDAQ:AAPL) developing its own 5G chips.