Qualcomm Stock Surges With Samsung Partnership For Galaxy S25: What's Driving The Growth?
Portfolio Pulse from Surbhi Jain
Qualcomm Inc. (NASDAQ:QCOM) has seen a significant stock surge due to a new partnership with Samsung for the Galaxy S25, which will exclusively feature Qualcomm's next-generation chipset. This move, along with other growth drivers, has propelled Qualcomm's stock higher.
June 18, 2024 | 1:25 pm
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Qualcomm's stock surged due to a new partnership with Samsung for the Galaxy S25, which will exclusively feature Qualcomm's next-generation chipset. This partnership, along with other growth drivers, has led to a significant increase in Qualcomm's stock price.
The exclusive partnership with Samsung for the Galaxy S25, along with the expected price hike for the Snapdragon 8 Gen 4, indicates strong demand and growth potential for Qualcomm. This has led to a significant increase in its stock price.
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