Qualcomm Option Alert: Dec 19 $150 Puts Sweep (51) above Ask!: 1001 vs 2 OI

Qualcomm Option Alert: Dec 19 $150 Puts Sweep (51) above Ask!: 1001 @ $13.9 vs 2 OI; Ref=$152.02

Qualcomm (NASDAQ:QCOM) Bolsa

QUALCOMM INC

Qualcomm

Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.

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Qualcomm Inc. (NASDAQ- QCOM)

Markets

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Qualcomm revoluciona el gaming portátil con los nuevos Snapdragon G-series, ofreciendo mayor potencia, menor latencia y soporte para Wi-Fi 7.

Qualcomm (QCOM) lanza Snapdragon G3 Gen 3 con 30% más potencia para gaming portátil en Android

Intel Corp. INTC

Technicals

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Las acciones de Intel suben tras los rumores de una empresa conjunta con TSMC. Sin embargo, la tendencia bajista sigue siendo preocupante.

Intel (INTC) sube un 5,36% por posible empresa conjunta con TSMC

Qualcomm Inc

Qualcomm's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NYSE">QCOM</a>) short percent of float has risen 43.18% since its last report. The company recently reported that it has 25.08 million shares sold short, which is 2.52% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.53 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Qualcomm Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749139224_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Qualcomm has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Qualcomm's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Qualcomm's peer group average for short interest as a percentage of float is 5.71%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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How Is The Market Feeling About Qualcomm?

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iShares PHLX SOX Semiconductor Sector Index Fund

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Shares of several semiconductor companies are trading higher amid GlobalFoundries' announcement to commit $16 billion towards US chip expansion, which may be buoying investor sentiment towards the space.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Information Technology sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/06/25</td>
<td>$142.00</td>
<td>$31.8K</td>
<td>45.4K</td>
<td>64.7K</td>
</tr>
<tr>
<td>AAPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$200.00</td>
<td>$29.9K</td>
<td>8.1K</td>
<td>17.4K</td>
</tr>
<tr>
<td>AVGO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$270.00</td>
<td>$46.4K</td>
<td>26.9K</td>
<td>8.7K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$22.00</td>
<td>$458.3K</td>
<td>6.4K</td>
<td>6.0K</td>
</tr>
<tr>
<td>CRWV</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/06/25</td>
<td>$152.50</td>
<td>$28.9K</td>
<td>636</td>
<td>3.8K</td>
</tr>
<tr>
<td>QCOM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/13/25</td>
<td>$145.00</td>
<td>$131.6K</td>
<td>178</td>
<td>2.7K</td>
</tr>
<tr>
<td>SOUN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$11.00</td>
<td>$46.0K</td>
<td>19.0K</td>
<td>2.4K</td>
</tr>
<tr>
<td>MSTR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/06/25</td>
<td>$385.00</td>
<td>$32.4K</td>
<td>1.1K</td>
<td>2.2K</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$50.00</td>
<td>$188.5K</td>
<td>2.1K</td>
<td>1.6K</td>
</tr>
<tr>
<td>MSFT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$470.00</td>
<td>$48.0K</td>
<td>10.5K</td>
<td>1.4K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on June 6, 2025. Parties traded 277 contract(s) at a $142.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $31.8K, with a price of $115.0 per contract. There were 45457 open contracts at this strike prior to today, and today 64771 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a call option trade with bullish sentiment. It expires in 379 day(s) on June 18, 2026. Parties traded 10 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $29.9K, with a price of $2995.0 per contract. There were 8159 open contracts at this strike prior to today, and today 17498 contract(s) were bought and sold. 
• For AVGO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), we notice a call option sweep that happens to be bearish, expiring in 16 day(s) on June 20, 2025. This event was a transfer of 55 contract(s) at a $270.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $46.4K, with a price of $845.0 per contract. There were 26971 open contracts at this strike prior to today, and today 8780 contract(s) were bought and sold. 
• For INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we notice a call option sweep that happens to be bullish, expiring in 107 day(s) on September 19, 2025. This event was a transfer of 2976 contract(s) at a $22.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $458.3K, with a price of $154.0 per contract. There were 6425 open contracts at this strike prior to today, and today 6038 contract(s) were bought and sold. 
• For CRWV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>), we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on June 6, 2025. This event was a transfer of 31 contract(s) at a $152.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $28.9K, with a price of $935.0 per contract. There were 636 open contracts at this strike prior to today, and today 3882 contract(s) were bought and sold. 
• For QCOM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on June 13, 2025. This event was a transfer of 250 contract(s) at a $145.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $131.6K, with a price of $528.0 per contract. There were 178 open contracts at this strike prior to today, and today 2796 contract(s) were bought and sold. 
• For SOUN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>), we notice a call option sweep that happens to be bearish, expiring in 44 day(s) on July 18, 2025. This event was a transfer of 500 contract(s) at a $11.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $46.0K, with a price of $92.0 per contract. There were 19040 open contracts at this strike prior to today, and today 2457 contract(s) were bought and sold. 
• Regarding MSTR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), we observe a put option trade with bearish sentiment. It expires in 2 day(s) on June 6, 2025. Parties traded 55 contract(s) at a $385.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $590.0 per contract. There were 1143 open contracts at this strike prior to today, and today 2241 contract(s) were bought and sold. 
• For MRVL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), we notice a call option sweep that happens to be bullish, expiring in 107 day(s) on September 19, 2025. This event was a transfer of 100 contract(s) at a $50.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $188.5K, with a price of $1885.0 per contract. There were 2164 open contracts at this strike prior to today, and today 1611 contract(s) were bought and sold. 
• Regarding MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we observe a call option sweep with bearish sentiment. It expires in 16 day(s) on June 20, 2025. Parties traded 120 contract(s) at a $470.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $48.0K, with a price of $400.0 per contract. There were 10518 open contracts at this strike prior to today, and today 1401 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

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10 Information Technology Stocks With Whale Alerts In Today's Session

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Live On CNBC, Jim Lebenthal Announced Bought More Cisco Systems; Bought More Qualcomm

GlobalFoundries Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GFS#NASDAQ">GFS</a>) <a href="https://www.benzinga.com/pressreleases/25/06/g45768528/globalfoundries-announces-16b-u-s-investment-to-reshore-essential-chip-manufacturing-and-accelerat" target="_blank" rel="noreferrer noopener">plans to inject $16 billion</a> into expanding its semiconductor manufacturing and packaging operations across New York and Vermont facilities.
What Happened: The company announced on Wednesday that it aims to boost domestic chipmaking. 
The funding includes $13 billion for facility expansion and $3 billion for R&amp;D. The focus is on silicon photonics, GaN power technologies, and advanced packaging.
The announcement comes after the launch of the New York Advanced Packaging and Photonics Center—the first U.S.-based facility dedicated to silicon photonics packaging.
Also Read: <a href="https://www.benzinga.com/markets/large-cap/25/06/45748492/taiwan-semiconductors-japan-chip-factory-faces-delays-while-us-expansion-takes-priority" target="_blank" rel="noreferrer noopener">Taiwan Semiconductor&#8217;s Japan Chip Factory Faces Delays, While U.S. Expansion Takes Priority</a>
Why It Matters: CEO Tim Breen said the AI boom is fueling demand for GF&#8217;s technologies. The company makes a proprietary FDX platform and silicon photonics solutions.
GlobalFoundries aims to support next-gen data centers and edge devices with energy-efficient, high-performance chips built in America.
Commerce Secretary Howard Lutnick said the move exemplifies America&#8217;s latest reshoring efforts under the Trump administration.
Industry leaders, including Apple Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) Tim Cook, SpaceX&#8216;s Gwynne Shotwell, Advanced Micro Devices Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) Lisa Su, and Qualcomm&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) Cristiano Amon, voiced support, citing the importance of a reliable U.S. semiconductor supply chain.
Related ETFs: iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) and VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>).
Price Action: GFS shares are trading higher by 1.50% at $37.42 on the last check on Wednesday.
Read Next: 
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Image: Shutterstock

GlobalFoundries Commits $16 Billion To US Chip Expansion As AI Drives Demand

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Shares of chip stocks are trading lower amid reports indicating the Trump administration is planning wider China tech restrictions.

Qualcomm (QCOM) is currently in the 9th Phase of its ongoing 18-Phase Adhishthana Cycle, and the structure suggests more upside could be in store, if the right levels hold. Here&#8217;s a breakdown of its unique multi-timeframe setup using the Adhishthana Principles.
<h3 class="wp-block-heading">Qualcomm Weekly Chart Breakdown</h3>
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="1200" height="690" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29090258/Qualcomm-Phase-9-Adhishthana-.png" alt="Fig.1 Qualcomm Weekly Chart with Adhishthana Phases (Source: Adhishthana.com)" class="wp-image-13583" style="width:715px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29090258/Qualcomm-Phase-9-Adhishthana-.png 1200w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29090258/Qualcomm-Phase-9-Adhishthana--300x173.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29090258/Qualcomm-Phase-9-Adhishthana--1024x589.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29090258/Qualcomm-Phase-9-Adhishthana--768x442.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /><figcaption class="wp-element-caption">Fig.1 Qualcomm Weekly Chart with Adhishthana Phases (Source: Adhishthana.com)</figcaption></figure>
According to the Adhishthana Principles, our proprietary cyclical framework blending quantitative signals with behavioral archetypes; Qualcomm's weekly chart is showing signs of a setup for a Supreme Move.
Phase 9 typically marks the breakout from the consolidation pattern built during Phases 4 to 8. So far, Qualcomm has remained range-bound within this zone. However, it is respecting the lower end of the consolidation zone or the Cakra, signaling a breakout sometime in Phase 9, triggering a strong upside continuation.
Here's how the previous phases have aligned:
Phase 2 – The Rally of Buddhi:
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="1200" height="825" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085536/Qualcomm-Adhishthana-Phase-2.png" alt="Fig. 2 Qualcomm Adhishthana Phase 2 (Source: Adhishthana.com)" class="wp-image-13579" style="width:604px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085536/Qualcomm-Adhishthana-Phase-2.png 1200w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085536/Qualcomm-Adhishthana-Phase-2-300x206.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085536/Qualcomm-Adhishthana-Phase-2-1024x704.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085536/Qualcomm-Adhishthana-Phase-2-768x528.png 768w" sizes="(max-width: 1200px) 100vw, 1200px" /><figcaption class="wp-element-caption">Fig. 2 Qualcomm Adhishthana Phase 2 (Source: Adhishthana.com)</figcaption></figure>
Qualcomm traded sideways for 37 bars before launching a rally of ~110%, in line with Adhishthana expectations. 
Phase 6 – Discovery of Nirvana:
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="1104" height="644" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085721/Qualcomm-Adhishthana-Phase-6.png" alt="Fig. 3 Qualcomm Adhishthana Phase 6 (Source: Adhishthana.com)" class="wp-image-13580" style="width:573px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085721/Qualcomm-Adhishthana-Phase-6.png 1104w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085721/Qualcomm-Adhishthana-Phase-6-300x175.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085721/Qualcomm-Adhishthana-Phase-6-1024x597.png 1024w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085721/Qualcomm-Adhishthana-Phase-6-768x448.png 768w" sizes="(max-width: 1104px) 100vw, 1104px" /><figcaption class="wp-element-caption">Fig. 3 Qualcomm Adhishthana Phase 6 (Source: Adhishthana.com)</figcaption></figure>
The Nirvana Level was established at $117.22, this will act as a key valuation anchor for all subsequent corrections in this cycle. 
Phase 7 – The Fall of Artha and Artharthi:
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="782" height="616" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085824/Qualcom-Adhishthana-Phase-7.png" alt="Fig. 4 Qualcomm Adhishthana Phase 7 (Source: Adhishthana.com)" class="wp-image-13581" style="width:447px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085824/Qualcom-Adhishthana-Phase-7.png 782w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085824/Qualcom-Adhishthana-Phase-7-300x236.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085824/Qualcom-Adhishthana-Phase-7-768x605.png 768w" sizes="(max-width: 782px) 100vw, 782px" /><figcaption class="wp-element-caption">Fig. 4 Qualcomm Adhishthana Phase 7 (Source: Adhishthana.com)</figcaption></figure>
Qualcomm declined ~34% over exactly 7 red bars in line with the Adhishthana Principles, a classic pattern flushing out speculation and resetting valuations.
So far, the stock has maintained an 87.5% alignment with Adhishthana Principles on the weekly charts. If this trend continues, a breakout during Phase 9 could result in a meaningful move higher.
<h3 class="wp-block-heading">Qualcomm Monthly Chart Breakdown</h3>
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="992" height="628" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085412/Qualcom-Adhishthana-Phase-10-Monthly-.png" alt="Fig.5 Qualcomm Monthly Chart with Adhishthana Phases (Source: Adhishthana.com)" class="wp-image-13578" style="width:652px;height:auto" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085412/Qualcom-Adhishthana-Phase-10-Monthly-.png 992w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085412/Qualcom-Adhishthana-Phase-10-Monthly--300x190.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/05/29085412/Qualcom-Adhishthana-Phase-10-Monthly--768x486.png 768w" sizes="(max-width: 992px) 100vw, 992px" /><figcaption class="wp-element-caption">Fig.5 Qualcomm Monthly Chart with Adhishthana Phases (Source: Adhishthana.com)</figcaption></figure>
On the monthly timeframe, Qualcomm is currently in Phase 10, after completing a massive 237% breakout move in Phase 9—breaking out of a long-term consolidation between Phases 4 to 8.
According to the Adhishthana model, peaks in Phase 10 often form between the 18th and 23rd bars. Qualcomm topped out on the 19th bar at $230.63, followed by a ~35% correction. However, this peak will only be confirmed if the Phase 9 low of $58 is broken, which has not happened yet.
If Qualcomm continues to hold above the C9 midpoint and the Level of Nirvana as identified in the weekly charts, then $230.63 may not be the ultimate peak. Instead, a higher high could materialize in Phase 11.
<h3 class="wp-block-heading">Key Support Levels to Watch</h3>
<ul class="wp-block-list">
<li>$117.22 &#8211; Weekly Nirvana Level </li>
<li>$101.47 &#8211; Current low of Phase 10 (Monthly) </li>
</ul>
These levels are critical markers of value. If Qualcomm holds these zones, the case strengthens for a bullish Himalayan Formation Ascent during Phase 10 on the weekly charts, potentially aligning with further upside in the monthly timeframe.
<h3 class="wp-block-heading">Final Take</h3>
Qualcomm's multi-timeframe structure suggests a potential bullish convergence in the coming phases. If key support levels hold, and a breakout from the current range confirms on the weekly chart, a larger Supreme Move could be ahead. Patient investors should watch $117.22 and $101.47 as potential value accumulation zones.

Equities

Opinion

Signals

Qualcomm Stock: More Upside Could Be In Store

Qualcomm shares are trading higher after the company released a study showing that its modems beat Apple's C1 and announced its considering acquiring Alphawave.

JP Morgan analyst Samik Chatterjee maintained an <a target="_blank" href="https://www.benzinga.com/quote/QCOM/analyst-ratings" rel="noreferrer noopener">Overweight rating on</a> Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) on Monday.
Chatterjee noted that Qualcomm is evaluating the potential acquisition of Alphawave. The current deadline for providing an update on its intent to make an acquisition offer is May 27.
Also Read: <a target="_blank" href="https://www.benzinga.com/media/25/05/45515826/taiwan-semiconductor-qualcomm-mediatek-team-up-to-power-next-gen-mobile-and-ai-chips" rel="noreferrer noopener">Taiwan Semiconductor, Qualcomm, MediaTek Team Up To Power Next-Gen Mobile And AI Chips</a>
While the potential acquisition will have a negligible impact on financials, the analyst noted that the possible acquisition of Alphawave has higher strategic importance for Qualcomm, which has recently more explicitly outlined its intent to pursue the data center market as another pillar of growth and diversification.
Industry reports highlight the data center CPU TAM to be positioned to expand at a 10% CAGR, the AI inference market to expand more than a 20% CAGR, and a potential acquisition of Alphawave and its capabilities regarding data center connectivity IP would complement its earlier acquisition of Nuvia and its capabilities in relation to designing data center CPUs as well as AI inference chips based on custom ARM cores, Chatterjee said.
The broader capabilities beyond Compute, extending into Connectivity, will also allow Qualcomm to leverage a similar playbook that it has adopted about its successful entry and scaling in end-markets like Autos and IoT where the breadth of the capabilities has been a key differentiation relative to more focused semiconductor companies, allowing Qualcomm to gain share despite being a relatively new and in some cases a late entrant looking to leverage an emerging insertion point in a mature industry, as per the analyst.
Chatterjee noted that recently, Qualcomm announced the engagement with HUMAIN in Saudi Arabia to support custom CPUs compatible with Nvidia&#8217;s GPUs and AI infrastructure through AI inferencing chips.
The analyst said Alphawave is vertically integrated, with capabilities spanning from Design IP to chips. Some of the company&#8217;s named customers are Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), Samsung Electronics (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>), Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), and Rebellions, as well as an unnamed North American hyperscaler.
Chatterjee said the breadth of capabilities that Alphawave can add to Qualcomm&#8217;s portfolio will position the company to benefit from tailwinds related to strong growth in Custom silicon and ASIC adoption within AI infrastructure and growth in content related to connectivity products within AI data centers.
At its Capital markets day, Alphawave outlined expectations for the High-Performance IP TAM to expand at a 21% CAGR from 2024 through 2027, Custom Silicon to expand at 23%, Connectivity Products at 31%, and Chiplets at 65% over the same period. Led by the above growth drivers, Custom Silicon is expected to be 70%+ of the total TAM by 2027, which is estimated in aggregate to be close to $39 billion by 2027, he said.
The analyst added that Alphawave&#8217;s immediate contribution to Qualcomm&#8217;s financial performance is unlikely material, but the company expects synergies from its entry into the broader data center TAM.
Given Alphawave&#8217;s relatively small size and Qualcomm&#8217;s strong balance sheet, Chatterjee expects the acquisition to be modestly accretive even when assuming a significant premium to Alphawave&#8217;s valuation in the public markets before Qualcomm disclosed interest.
Price Action: QCOM stock is up 2.48% at $148.96 at last check Tuesday.
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</ul>
Photo: Shutterstock

Price Target

Reiteration

SSNLF

Qualcomm Eyes Alphawave To Power AI And Data Center Growth, Analyst Sees Strategic Fit

<a href="https://www.bloomberg.com/news/articles/2025-05-27/qualcomm-releases-study-showing-that-its-modems-beat-apple-s-c1?embedded-checkout=true">https://www.bloomberg.com/news/articles/2025-05-27/qualcomm-releases-study-showing-that-its-modems-beat-apple-s-c1?embedded-checkout=true</a>

General

'Qualcomm Releases Study Showing That Its Modems Beat Apple's C1'- Bloomberg

Ray Kurzweil, the AI futurist best known for predicting the rise of the singularity, is taking a major step toward turning science fiction into industrial reality. His humanoid robotics company, Beyond Imagination, has secured a $100 million investment from Gauntlet Ventures in a Series B round that pushes the startup's valuation to $500 million,<a href="https://www.reuters.com/technology/ray-kurzweils-humanoid-robot-startup-talks-100-million-investment-2025-05-20/"> Reuters</a> reports.
Founded alongside scientist, entrepreneur, and filmmaker Harry Kloor, Beyond Imagination is building Beomni, an advanced humanoid robot developed for deployment in high-demand industrial settings, according to the company's <a href="https://www.beomni.ai/">website</a>. Reuters says that the <a href="https://www.benzinga.com/news/25/04/44824784/linkedin-co-founder-reid-hoffman-says-building-a-startup-means-embracing-the-pain-and-the-100-early-employees-who-no-longer-work-prove-it">startup</a> is also working on a universal operating system called Aura, designed to streamline communication and functionality between humans, robots, and legacy machinery.
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</ul>
<h2 class="wp-block-heading">From Singularity Theory to Manufacturing Solutions</h2>
Kurzweil's long-held vision of a future dominated by intelligent machines is moving from bookshelves to production lines. His prediction that artificial intelligence would exceed human intelligence by 2045 once raised eyebrows, Reuters reports. According to<a href="https://www.bloomberg.com/news/articles/2025-01-07/after-openai-xai-megarounds-ai-startup-funding-hit-a-record-97-billion"> Bloomberg</a>, AI startups raised a record $97 billion in funding in 2024 alone, making artificial intelligence one of the most heavily backed sectors in venture capital.
According to Gauntlet Ventures co-founder Oliver Carmack, the decision to back Beyond Imagination stemmed from the company&#8217;s capacity to address a looming global issue: the skilled labor shortage. The startup's bot, with its AI-driven adaptability, is being positioned as a solution for industries like pharmaceutical manufacturing, chip fabrication, and automotive assembly, sectors that demand high precision and long-term workforce support, Reuters says.
Beyond Imagination is currently testing its <a href="https://www.benzinga.com/news/25/05/45185633/ups-explores-humanoid-robots-as-figure-ai-secures-675m-from-jeff-bezos-openai-and-intel-targeting-9b-revenue-by-2029">humanoid robots</a> and seeking enterprise partners for deployment in industrial settings, aiming to help revolutionize U.S. manufacturing through AI-driven automation, according to Reuters.
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — <a href="https://www.benzinga.com/money/boxabl-scaling-fast-from-spacex-orders-to-600-homes-built-this-60k-foldable-home-may-be-the-future-of-housing">this is your last chance to become an investor for $0.80 per share.</a>
<h2 class="wp-block-heading">Beyond Imagination is Backed by Icons Across Tech and Media</h2>
The company isn't short on heavyweight support. According to Beyond Imagination&#8217;s website, its advisory board includes former Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) CEO Paul Jacobs, motivational speaker and business strategist Tony Robbins, and former Paramount Pictures Chair Jim Gianopulos.
Their backing, combined with Gauntlet's $100 million investment, sets Beyond Imagination apart in a market flooded with robotics startups vying for capital and attention. According to Reuters, Gauntlet Ventures is the sole investor in this Series B round, a bold show of confidence in both Kurzweil's vision and the company's near-term commercial potential.
This latest funding round comes at a time when several major players are entering or expanding their own robotics divisions. Tesla's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) Optimus robot, Meta's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) AI systems, and Nvidia's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) development tools are all pushing the industry forward. Kurzweil's company is positioning Aura as a system designed to integrate humans, robots, and legacy machinery, Reuters says.
See Also: <a href="https://www.benzinga.com/money/elon-musk-told-the-u-n-if-they-could-show-a-plan-for-ending-world-hunger-hed-donate-6-billion-i-will-sell-tesla-stock-right-now-and-do-it">Elon Musk Told The U.N. If They Could Show A Plan For Ending World Hunger He'd Donate $6 Billion – ‘I Will Sell Tesla Stock Right Now And Do It'</a>
<h2 class="wp-block-heading">Robots, Real-World Data, and the AI Learning Curve</h2>
Despite the hype, progress in robotics has remained slower than in conversational AI. According to<a href="https://www.vox.com/future-perfect/403708/artificial-intelligence-robots-jobs-employment-remote-workers"> Vox</a>, while chatbots and other language-based AIs have surged ahead, powered by vast amounts of readily available training data from text, images, and video, physical robots remain years behind.
Unlike language models, which can be trained in parallel across millions of central processing unit cores and datasets scraped from the internet, robots need to learn by interacting with the physical world in real time, Vox says.
As industrial sectors look for automation that delivers beyond traditional robotics, Beyond Imagination may lead that charge with fresh capital and an AI strategy focused on industrial deployment.
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TSLA

Elon Musk Rival? Ray Kurzweil's Beyond Imagination Lands $100M Deal As Tesla, Nvidia, Meta Race Toward AI-Powered Humanoid Robots

BofA Securities on Thursday noted two key recently <a target="_blank" href="https://www.benzinga.com/topic/ai" rel="noreferrer noopener">announced AI scale-up</a> interconnect protocols: Nvidia Corp&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) NVLink Fusion and the Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) backed open-standard Ultra Accelerator Link (UALink). The analyst noted that both are critical scale-up techs connecting AI accelerators (GPUs, ASICs) via fast, low-latency, and shared-memory networking, enabling the scaling of accelerators into large rack-scale systems.
The analyst said UALink is the industry&#8217;s latest effort to catch up to Nvidia&#8217;s proprietary NVLink technology, the chip maker&#8217;s key advantage in creating large rack-level systems.
UALink is an open-standard initiative formed by a consortium of industry leaders including AMD, Broadcom, Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), MediaTek, Alibaba (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google, Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and Arm Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>). 
Its primary goal is to provide an open alternative to Nvidia&#8217;s proprietary NVLink for AI scale-up interconnects. The UALink Consortium, founded in May 2024, now includes more than 70 member companies.
Also Read: <a target="_blank" href="https://www.benzinga.com/media/25/05/45572904/nvidia-powers-big-gains-for-quanta-pegatron-as-ai-demand-explodes" rel="noreferrer noopener">Nvidia Powers Big Gains For Quanta, Pegatron As AI Demand Explodes</a>
While UALink generally remains 1-2 generations behind NVLink, the analyst noted UALink as a significant step forward for the non-Nvidia ecosystem in potentially tackling the chipmaker&#8217;s dominance in AI scale-up from 2027 onward. The analyst now views Nvidia as the chip, software, and system leader.
Meanwhile, Nvidia&#8217;s NVLink Fusion partially opened up NVLink IPs to some of its ecosystem partners (excluding Broadcom and AMD), opening up ~$12 billion in networking TAM that Nvidia previously did not have access to, the analyst noted.
The analyst said AMD is a founding member of the UALink Consortium and has since contributed to creating this industry standard and its surrounding ecosystem.
With the MI400 generation targeted for the second half of 2026, AMD aims to begin designing rack-level AI systems with its ZT Systems tech. According to the analyst, UALink could provide its much-needed accelerator-to-accelerator and switching capabilities intra-rack.
Still, the analyst highlighted that the latest UALink 1.0 standard only supports up to 800GB/s bandwidth per accelerator, less than half the rate of the latest NVLink 5.0, 1.8TB/s.
Given that UALink compatible systems will likely ramp from 2027, Nvidia would ramp its NVLink 6.0-based Rubin systems, which implied that Nvidia would likely maintain its 1-2 generation advantage in AI scale-up networking, per the analyst.
Meanwhile, NVLink Fusion could expand Nvidia&#8217;s TAM in networking that is attached to custom accelerators. The analyst assumed custom silicon represents ~15% of ~$500 billion AI compute TAM, or ~$75 billion, by the calendar year 2029-30, and AI networking represents 15% of that, or ~$11 billion.
Similarly, NVLink Fusion opens up opportunities in non-Nvidia-based ARM CPU systems (such as from Qualcomm Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qcom#NASDAQ">QCOM</a>)), or ~$1 billion of networking TAM (15% of ~$5-6bn ARM CPU TAM), as per the analyst.
The analyst added that with NVLink Fusion, every end customer (hyperscalers) will have a choice between pairing their silicon with NVLink and UALink, an incremental benefit for Nvidia.
Nvidia&#8217;s NVLink, even with the partial openness of NVLink Fusion, is poised to remain the leading AI scale-up interconnect for the foreseeable future, driven by its technological lead and established ecosystem.
However, the analyst asserted that UALink&#8217;s emergence as an open standard backed by major industry players is a crucial development. The analyst added that it provides a viable alternative that could challenge Nvidia&#8217;s long-term dominance by fostering greater innovation and competition in the AI interconnect space.
The analyst stated that the coming years, particularly 2026 and beyond, will be critical in observing how UALink&#8217;s adoption accelerates and how Nvidia further evolves its proprietary technology.
Price Action: NVDA stock is trading lower by 2.05% to $130.11 at last check Friday.
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Image via Shutterstock

Analyst Color

BABA

GOOG

GOOGL

Emergence Of UALink As A Viable Alternative Could Challenge Nvidia's Dominance, Analyst Asserts

China has threatened legal action against any individual or organization assisting with or implementing U.S. semiconductor restrictions, escalating tensions in the ongoing tech rivalry between the world&#8217;s two largest economies.
What Happened: China&#8217;s commerce ministry said there could be &#8220;corresponding legal liabilities&#8221; for those involved in U.S. measures it characterized as &#8220;discriminatory restrictive measures&#8221; against Chinese firms, Reuters reported. 
The warning comes after the U.S. published guidance last week cautioning companies against using Ascend AI chips from Huawei Technologies.
The dispute highlights growing friction as both nations compete for dominance in advanced technology. Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang recently criticized U.S. chip export controls as &#8220;exactly wrong for America,&#8221; revealing his company wrote off $5.5 billion in inventory and lost <a href="https://www.benzinga.com/25/05/45513246/nvidia-ceo-jensen-huang-says-chinese-ai-researchers-are-world-class-and-us-companies-are-hiring-a-whole-bunch-of-them">approximately $15 billion in sales</a> due to these restrictions.
&#8220;China&#8217;s doing fantastic, 50% of the world&#8217;s AI researchers are Chinese and you&#8217;re not going to hold them back,&#8221; Huang said at Computex 2025, arguing American companies should be allowed to compete in China to &#8220;offset the trade deficit.&#8221;
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Why It Matters: The technology standoff has intensified since April, when China imposed retaliatory tariffs up to 125% on U.S.-made chips, while <a href="https://www.benzinga.com/25/04/44770461/intel-on-slump-as-china-hits-us-made-chips-with-tariffs-amd-and-taiwan-semiconductor-rise-on-exemption-boost">exempting Taiwan-manufactured semiconductor</a>s. This policy benefits companies like Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) and Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) that outsource to Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), while potentially harming U.S.-based fabricators like Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>).
Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) co-founder Bill Gates recently noted that export bans have <a href="https://www.benzinga.com/news/25/05/45342962/bill-gates-slams-trumps-tariffs-we-told-china-to-make-their-own-chips-and-theyre-making-great-progress-warns-its-a-bad-time-to-inte">only accelerated China&#8217;s self-reliance efforts</a>. &#8220;We made clear to them that they needed to make their own chips, and they&#8217;re making great progress on doing that,&#8221; Gates told CNN.
China&#8217;s ministry urged the U.S. to &#8220;abide by international economic and trade rules&#8221; and respect other countries&#8217; technological development rights.
Image Via Shutterstock
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Economics

China Warns Of Legal Retaliation Against US Chip Sanctions, Threatens Lawsuits For Aiding 'Discriminatory' Tech Crackdown

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2025/05/19/final-trades-qualcomm-tjx-companies-and-the-ibit.html">Halftime Report Final Trades</a>,&#8221; Jason Snipe, chief investment officer of Odyssey Capital Advisors, said he likes QUALCOMM Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) here, adding that he likes the new deal with Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) <a href="https://in.benzinga.com/markets/25/05/45490266/qualcomm-re-enters-data-center-cpu-market-taps-nvidia-tech-to-power-ai-ambitions">to build CPU chips.</a>
Qualcomm revealed its intentions to manufacture custom data center CPUs, potentially facilitating communication with Nvidia&#8217;s graphics processors (GPUs), a vital part of its AI chip portfolio. Qualcomm's future chips will incorporate Nvidia's technology, facilitating rapid communication with Nvidia's graphics processors (GPUs), a vital part of its AI chip portfolio.
Joseph M. Terranova, Senior Managing Director for Virtus Investment Partners, picked The TJX Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>) as his final trade.
Supporting his view, JPMorgan analyst Matthew Boss, on Monday, maintained TJX with an Overweight rating and raised the price target from $127 to $130. TJX, meanwhile, is expected to release its first quarter fiscal 2026 sales and earnings results on Wednesday, May 21.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, named iShares Bitcoin Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>), saying the momentum continues with the Trump family getting more steeped into the crypto business.
At the time of writing, Bitcoin prices jumped around 1.6% over the past 24 hours to trade past the $105,000 mark.
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</ul>
Photo: Shutterstock

IBIT

TJX Companies, Qualcomm And Bitcoin ETF On CNBC's 'Final Trades'

Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) is <a target="_blank" href="https://www.benzinga.com/topic/tsmc" rel="noreferrer noopener">bolstering its collaborations</a> with Taiwan Semiconductor Manufacturing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) and original design manufacturers (ODMs) in Taiwan.
Qualcomm has historically been a leading customer of Taiwan Semiconductor and will continue to be, as the Taipei Times <a target="_blank" href="https://www.taipeitimes.com/News/biz/archives/2025/05/20/2003837162" rel="noreferrer noopener">reported</a> on Tuesday, citing Qualcomm chief Cristiano Amon ahead of the annual Computex trade show.
Amon told the Taipei Times that Qualcomm was a leading fabless semiconductor designer.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45411148/taiwan-semiconductor-commits-15-billion-to-chip-expansion-approves-dividend-amid-rising-global-demand" rel="noreferrer noopener">Taiwan Semiconductor Commits $15 Billion To Chip Expansion, Approves Dividend</a>
The company ships about 40 billion mobile and AI-enabled chipsets annually, and Taiwan Semiconductor is its primary manufacturing partner.
Amon highlighted Taiwan&#8217;s strength in the personal computer (PC) ecosystem and Qualcomm&#8217;s growing ties with Taiwan&#8217;s PC sector through collaboration with domestic players like Quanta Computer Inc. and Compal Electronics Inc.
Taiwan&#8217;s chip designer MediaTek will also start using Taiwan Semiconductor&#8217;s latest 2-nm chipmaking technology by September 2025, Nikkei Asia <a target="_blank" href="https://asia.nikkei.com/Business/Tech/Semiconductors/MediaTek-to-use-TSMC-s-2-nm-chip-tech-to-stay-in-AI-race2" rel="noreferrer noopener">reported</a> on Tuesday, citing MediaTek CEO Rick Tsai at Computex.
Tsai said the technology will serve its high-volume devices.
Taiwan Semiconductor is a leading contract chipmaker for companies like Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>). The stock has surged over 26% in the last 12 months thanks to the AI frenzy. However, the stock has dropped over 4% year-to-date as the Trump administration&#8217;s tariff policies have taken a toll on the stock, similar to its semiconductor peers.
Recently, Taiwan Minister of Economic Affairs J.W. Kuo said he did not expect the U.S. tariffs to <a target="_blank" href="https://www.benzinga.com/government/regulations/25/05/45508534/taiwan-minister-shrugs-off-us-tariffs-says-taiwan-semiconductor-will-thrive-while-samsung-takes-the-hit" rel="noreferrer noopener">affect Taiwanese manufacturers</a>, thanks to its semiconductor ecosystem. Kuo expects&nbsp;Taiwan Semiconductor to maintain its moat over the next decade, citing that any tariff upsurge would primarily affect U.S. customers instead of the foundry.
Price Action:&nbsp;TSM stock is down 0.87% to $191.82 premarket at the last check on Tuesday.
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Media

Taiwan Semiconductor, Qualcomm, MediaTek Team Up To Power Next-Gen Mobile And AI Chips

BofA Securities analyst Vivek Arya maintained a Buy rating on Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) with a <a target="_blank" href="https://www.benzinga.com/quote/NVDA/analyst-ratings" rel="noreferrer noopener">price forecast of $160</a> on Monday.
Arya listened to Nvidia CEO&#8217;s Computex 2025 keynote and then had a chance to virtually catch up with management (CFO) after the event.
The analyst highlighted Nvidia&#8217;s expanding portfolio, TAM (Total Addressable Market) expansion with the new NVLINK Fusion, rack-scale in full production, RTX Pro enterprise server, and sovereign AI buildout.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45495742/nvidia-unveils-ai-tools-for-humanoid-robots-launches-quantum-ai-supercomputer-to-drive-next-tech-era" rel="noreferrer noopener">Nvidia Unveils AI Tools For Humanoid Robots, Launches Quantum-AI Supercomputer To Drive Next Tech Era</a>
Nvidia Arya&#8217;s top sector pick. The company&#8217;s expanding portfolio implies a broad set of AI products across cloud, enterprise, humanoid robots, workstations, gaming, software libraries, quantum, and 6G, all underlying what Nvidia referred to as a &#8220;multi-trillion dollar AI factory&#8221; industry, per the analyst.
He noted that TAM expansion with the new NVLINK Fusion opened Nvidia&#8217;s proprietary interconnect and networking tech to third-party custom accelerators (ASICs) and CPUs.
Arya is highly confident in rack-scale GB200 NVL 72 Blackwell Systems, and the transition path to next-gen Blackwell Ultra GB300 systems will be easier from the third quarter.
The analyst said the RTX Pro enterprise server extends AI into the enterprise, causing more competition for legacy x86.
He also highlighted some benefits from last week&#8217;s Middle-East deals in the second half of 2025, though more benefits will be seen from 2026 onward (a 5-year project), given the time required to set up new infrastructure.
As per Arya, the next significant catalyst is the fiscal first-quarter earnings call, which could be contentious, related to recent restrictions on China H20 shipments.
As per the analyst, Nvidia&#8217;s key differentiators include its ability to expand its addressable market across multiple vectors of silicon, systems, software, and services, drive scale with global supply-chain partners, and solid balance sheet to make strategic investments in the ecosystem.
With NVLInk Fusion, Nvidia can provide its proprietary interconnect fabric and switch (Spectrum) to cloud service providers for use as chiplet in systems with (modified) third-party ASICs (from partners Marvell Technology, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrvl#NASDAQ">MRVL</a>)) or extend the integration of Nvidia GPU with other Arm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>)-based CPU (Qualcomm Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qcom#NASDAQ">QCOM</a>)) Arya noted. Separately, Nvidia launched Grace CPU C1, a new single-socket CPU for power efficient edge, telco, and storage systems, competing against rival x86 products from Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) and Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), he added.
Although Nvidia said it was incredibly challenging, Grace Blackwell is in full production. The analyst noted that his management discussion suggests a higher level of confidence in the rollout and robust demand. Unlike GTC, it did not provide any specific metrics on cloud orders.
Nvidia is on track to upgrade to Grace Blackwell GB300 in the third quarter, which has similar architecture as GB200 but with an upgraded Blackwell chip, 1.5x more inference likely due to its 1.5x more high-bandwidth memory and 2x networking, Arya said. The analyst highlighted that management made no specific comments on gross margin progression.
Last, no new Hopper or salvage of China H20 products were written down recently; only low-volume L20 is being sold, he said. He added that China is still important at $50 billion TAM per Nvidia.
Price Action: Nvidia stock is trading lower by 0.08% to $135.30 at last check Monday.
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Image by Piotr Swat via Shutterstock

Nvidia's Key Differentiators Include Its Ability To Expand Its Addressable Market: Analyst

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<a href="https://www.dell.com/en-us/dt/events/delltechnologiesworld/2025/index.htm?msockid=21c662101c496b42343370ae1de86aaa#tab0=0&amp;accordion0" title="https://www.dell.com/en-us/dt/events/delltechnologiesworld/2025/index.htm?msockid=21c662101c496b42343370ae1de86aaa#tab0=0&amp;accordion0">https://www.dell.com/en-us/dt/events/delltechnologiesworld/2025/index.htm?msockid=21c662101c496b42343370ae1de86aaa#tab0=0&amp;accordion0</a>

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Dell Technologies Says New PowerEdge Servers Can Be Customized With Up To 256 Nvidia Blackwell Ultra GPUs Per Dell IR7000 Rack; Plans To Support Nvidia Vera CPU; Plans To Support Nvidia Vera Rubin Platform With New Dell PowerEdge XE Server; Introduces Dell Pro Max Plus Laptop With Qualcomm AI 100 PC Inference Card

Editor&#8217;s Note: This story has been updated to include additional input from Qualcomm.
Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) revealed its intentions to manufacture custom data center CPUs, potentially facilitating communication with Nvidia's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) graphics processors (GPUs), a vital part of its AI chip portfolio.
What Happened: Qualcomm&#8217;s future chips will incorporate Nvidia&#8217;s technology, facilitating rapid communication with Nvidia&#8217;s graphics processors (GPUs), a vital part&nbsp;of its AI chip portfolio.&nbsp;This development signifies Qualcomm&#8217;s re-entry into the data center CPU&nbsp;market, a space typically ruled&nbsp;by Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) and Advanced Micro&nbsp;Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), said the company on Monday at a presentation at Computex in Taipei, Taiwan, reported Reuters.
Previously, Qualcomm had begun developing an Arm-based (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) CPU in partnership with Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), but had to stop due to cost reductions and legal obstacles. However, after bringing on board a team of former Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) chip designers in 2021, Qualcomm has quietly revived its efforts and is once again in talks with Meta regarding a data center CPU, according to Reuters. Qualcomm, in a statement to Benzinga, refuted talks regarding the data center CPU.
Qualcomm recently confirmed a partnership with Saudi AI firm Humain to develop a custom data center CPU. "With the ability to connect our custom processors to Nvidia&#8217;s rack-scale architecture, we&#8217;re advancing a shared vision of high-performance energy-efficient computing to the data center," said CEO Cristiano Amon.
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Why It Matters: &nbsp;This move comes as part of Qualcomm&#8217;s broader strategy to diversify its revenue streams. Qualcomm aims to <a href="https://www.benzinga.com/news/earnings/25/05/45127498/qualcomm-plans-22-billion-in-non-handset-revenue-by-2029-with-ai-as-its-trojan-horse">generate </a>$22 billion in non-handset revenue by 2029, with AI being a key driver. The collaboration with Nvidia and the development of custom data center CPUs align with this goal. 
Moreover, association with Nvidia's infrastructure is crucial for any company aiming to break into the data center market, given the central role the Jensen Huang-led company&#8217;s semiconductors play in AI. 
Despite delivering Q2 results that <a href="https://www.benzinga.com/news/25/05/45198245/qualcomm-qcom-shares-dip-despite-q2-earnings-beat-whats-going-on">surpassed </a>Wall Street predictions, Qualcomm&#8217;s shares have dipped 4.6% over the past week. The company&#8217;s foray into the data center CPU&nbsp;market could potentially bolster its performance in the stock market.
Qualcomm holds a momentum rating of 28.77% and a growth rating of 59.61%, according to&nbsp;<a href="https://www.benzinga.com/quote/QCOM" target="_blank" rel="noreferrer noopener">Benzinga's Proprietary Edge Rankings</a>. The Benzinga Growth metric evaluates a stock&#8217;s historical earnings and revenue expansion across multiple timeframes, prioritizing both long-term trends and recent performance.
Over the past month, the shares of Qualcomm Inc. surged 12.02%. 
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Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Qualcomm Re-Enters Data Center CPU Market, Taps Nvidia Tech To Power AI Ambitions (UPDATED)

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