Sep. 11 at 4:10 PM
$QCOM Get past
$185 area could be a breakout.
■ RSI gaining strength at 66.
■ MACD is positive and maintaining bullish crossover
■ Price is above 20, 50, and 200 MAs, and trying to get past 100 MA near
$185.
■ Volume is above average last 3 days, and it'l probably end up higher than average today as well.
$QCOM announced a landmark multi-generation AI chip collaboration with Amazon Web Services, with one analyst labeling it a “net-net huge QCOM win.” The deal includes Qualcomm issuing Amazon warrants for up to 25 million shares at
$161.26 per share, underscoring the strategic depth of the partnership. The company’s CFO signaled strong year-over-year revenue growth from FY27 to FY28 and revealed engagement with at least one additional hyperscaler beyond Amazon.
https://trendspider.com/blog/qualcomm-stock-amazon-ai-chip-deal/
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