Qualcomm Stock Rises on Smartphone Revival and Data Center Chip Hopes

Qualcomm saw its stock rise as investor interest was piqued by a potential revival in the smartphone market and strategic moves in the data center chip space. The company's expected demand increase in the smartphone segment, along with its foray into the data center chip market, positively impacted market expectations. These developments stand out as two key areas strengthening Qualcomm's growth potential. Analysts noted that Qualcomm's investments in data center chips support the company's efforts to diversify revenue and achieve long-term growth goals, while expectations of a recovery in smartphone demand positively affected short-term performance. Qualcomm's shares rose on the back of these positive developments, increasing the company's market value. Investors expressed cautious optimism that the company's technology-focused strategies could deliver sustainable growth. This is not investment advice.

📊 QCOM — Piyasa Yorumu

▲ up · 65%

The news headline highlights Qualcomm's positive outlook driven by the recovery in the smartphone market and data center chips. Technical indicators support this optimism: the RSI is near 70 but has not yet entered overbought territory, the MACD is above the signal line and maintains an upward trend. The price is trading well above the 20- and 50-day moving averages, gaining nearly 4% in the last 24 hours. Short-term upward momentum may continue, but there is some risk of profit-taking due to the RSI approaching overbought levels and the pace of the recent rally.

RSI 14

69.8

MACD

5.08

24h Δ

3.96%

📊 GOOGL — Piyasa Yorumu

■ neutral · 60%

GOOGL stock may follow a sideways trajectory in the short term. Although the RSI at 68 is approaching overbought territory, it is not yet overbought, indicating limited upside potential. The MACD remains below the signal line with weakening momentum, increasing the likelihood of a short-term correction or consolidation. While the news headline focuses on Qualcomm, positive sentiment in the sector could indirectly support GOOGL. However, the price staying above the 20-day moving average and a slight uptick in the last 24 hours limit downside risk.

RSI 14

68.2

MACD

4.91

24h Δ

0.99%

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