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MarketBeat
MarketBeat
Business
Sam Quirke

Is Qualcomm Up 40% or Down 20%? 2 Contrarian Takes

Qualcomm Inc.’s (NASDAQ: QCOM) chart captures 2025’s market tension perfectly. The semiconductor giant spent much of the past six months climbing steadily on optimism around AI, automotive chips, and diversification beyond smartphones. But after popping to multi-year highs at the end of October, the stock has quickly slid nearly 20%. 

MarketBeat readers won’t be too surprised by this kind of stop/start action.

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