Qualcomm edges higher as Amazon AI-chip opportunity gains attention
Shares rose about 0.75% to $189.19 Wednesday morning, Reuters reported, tying a potential Amazon AI-chip opportunity to a stated “equity sweetener.”
Qualcomm NASDAQ:QCOM, the wireless and computing-chip designer, linked a potentially large Amazon AI-chip opportunity to an equity sweetener, Reuters reported. Shares rose about 0.75% to $189.19 Wednesday morning. That left Qualcomm above GuruFocus' GF Value estimate of $175.78, with…