Qualcomm (QCOM) stock surged 20% to a new 52-week high after announcing the launch of two new artificial intelligence chips, the AI200 and AI250. The move signals the company’s expansion into the AI data center market, positioning itself to compete with Nvidia (NVDA) and Advanced Micro Devices (AMD). With a 1.87% dividend yield and recent Alphawave acquisition, Qualcomm is seen as a strong investment. Its partnership with NVDA on custom processors and focus on automotive and IoT markets further solidify its position as a semiconductor powerhouse. Analysts predict QCOM shares could reach a new all-time high in 2026 with a “Moderate Buy” rating and price targets up to $225, indicating 20% potential upside.

Read more at Yahoo Finance: Qualcomm Is Going Head to Head with Nvidia on New AI Chips. Should You Buy QCOM Stock Here?