Why Qualcomm Stock Was Trading Down Earlier Wednesday
Shares of (NASDAQ: QCOM) were down 2% as of 12:35 p.m. ET on Wednesday. The dip came after a report from The Wall Street Journal that the Biden administration was considering restricting the shipment of artificial intelligence (AI) chips to China and other countries without first obtaining a license.
This news follows similar restrictions put in place last year on advanced computing chips.
The AI boom has sent the Nasdaq Composite soaring 30% year to date, as many leading tech stocks could see growing revenues from demand for AI technologies.
Source Fool.com
Qualcomm Inc. Aktie
156,20 €
-1,37 %
Und Qualcomm Inc. steht derzeit mit 45 Buy-Einschätzungen und 2 Sell-Einschätzungen bei unserer Community gut im Kurs.
Ein leicht positives Kursziel von 177 € für Qualcomm Inc. gegenüber dem aktuellen Kurs von 156.2 € wird gesehen.
