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Qualcomm shares rise after fresh StoneX focus on data-center chips

Qualcomm stock jumped 5% on Tuesday. StoneX analyst Cody Acree reiterated a Buy rating and $270 price target, citing Qualcomm’s data-center chip expansion beyond smartphones.

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Qualcomm shares rose 5% on Tuesday after fresh attention from StoneX highlighted its push into data-center chips as an added growth path beyond smartphones. StoneX analyst Cody Acree maintained a Buy rating and a $270 price target on Qualcomm. The view follows the compan…