Qualcomm shares are trading higher amid strength in chip stocks. The stock gained Monday following a report suggesting the company may be the exclusive SoC supplier of the Samsung Galaxy S25.
Portfolio Pulse from Benzinga Newsdesk
Qualcomm shares are trading higher due to strength in chip stocks and a report suggesting it may be the exclusive SoC supplier for the Samsung Galaxy S25.
June 18, 2024 | 1:38 pm
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Qualcomm shares are trading higher due to overall strength in chip stocks and a report indicating it may be the exclusive SoC supplier for the Samsung Galaxy S25.
The potential exclusive deal with Samsung for the Galaxy S25 could significantly boost Qualcomm's revenue and market position, leading to a positive short-term impact on its stock price.
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