Qualcomm's growth is broadening beyond phones into autos, IoT and data-center AI. Auto revenue grew 61%, IoT is climbing and its AI200/250 data-center push uses memory-hungry designs. The weekly chart shows a breakout candle right under a huge volume shelf at $172. x.com 

Qualcomm's setup started improving in February, when nobody wanted the stock, and shaped up sharply into earnings, with smart money buying. x.com 

Qualcomm stays a Hold, with the target cut to $186 on handset weakness and limited near-to-mid-term data-center visibility. Fiscal Q4 2026 revenue guidance of $9.7-10.5B fell short of buy-side chatter near $11B; Android faces elevated wafer inventories and Apple modem revenue is falling faster than expected. Data-center targets of $5B in FY27 and $15B+ in FY29 were reaffirmed and AI250 has four major US cloud customers, but high LPDDR5 prices hurt its competitiveness, and CPUs are years off. … Show more

Qualcomm is a meme play on a squeeze of a consensus short rather than a fundamental story, since its core server CPU team just left. The chart setup looks great after closing a bearish gap from January, some major player appears to be squeezing the shorts, and good news is coming. The target is $180, but a horrible earnings report Wednesday would end the trade. x.com  x.com 

Qualcomm has little downside with Amazon having come in as an investor at around $160 a share. Investors give it almost no credit for AI, wearables, robotics and auto, and those businesses can do the heavy lifting to keep the stock steady next year. x.com 

Qualcomm's multi-generation AWS collaboration on custom AI data center silicon and inference shows its data center customers are becoming clear. Qualcomm confirmed the AWS deal is baked into its $15 billion FY29 data center revenue target, which should remove doubt about hitting that number; investor relations confirmed this despite @bubbleboi's objection. Qualcomm remains an execution beneficiary, with its data center value moving toward the upside case. x.com  x.com  x.com 

Qualcomm looks like an overlooked large cap with strong return potential. If it hits its $18 EPS target by 2029, its 18x average P/E implies $324 a share, a 19% CAGR, or $396 and a 27% CAGR at today's 22x, before any upside from major new deals with Amazon and BMW. It is much more than a smartphone chip company: auto is growing 60% year over year and it is moving into data centers. x.com 

Qualcomm's investor day strengthened the long case, as its CFO raised FY2029 non-handset revenue guidance 91% to $40B. Qualcomm disclosed major orders from two hyperscalers, said its Dragonfly C1000 data-center CPU launches in mid-2028 with Meta among the first customers, introduced the AI300 accelerator and data-center interconnect, and expects $6B of annualized automotive revenue in FY2026. It also agreed to buy AI software firm Modular for $3.9B. x.com 

Qualcomm's move from $140 to $180 does not make it expensive, because the company is gushing cash flow and the market is only starting to price that this might be sustained and grow. It was a very cheap stock at $140, and $180 merely reflects sustained cash flow. $250 would show confidence in small free cash flow growth, $300 in modest growth, and $500 would approach 10% annual free cash flow growth. x.com 

Qualcomm is moving deeper into AI infrastructure alongside NVIDIA, Broadcom and Marvell through a partnership with Amazon Web Services. AWS will work with Qualcomm on custom AI inference chips and 1.6T optical connectivity, and Amazon got warrants for up to 25M Qualcomm shares that vest with up to $60B of purchases. CFO Akash Palkhiwala has very high confidence in about $5B of FY2027 data center revenue, with orders in hand, and targets $15B+ data center revenue and $18+ non-GAAP EPS by FY2029. … Show more