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QCOM rises to a two-month high on AI data-center optimism

Qualcomm shares climbed 4.3% to a two-month high on Tuesday, then pared some gains in overnight trading as investors warmed to its push into AI data-center infrastructure.

QCOM

3% on Tuesday to reach a two-month high before giving back a small part of those gains in overnight trading, as investors grew more positive on the chipmaker’s push into AI data-center infrastructure. The stock’s move came as Qualcomm, which has lagged much of the semiconductor sector d…