Qualcomm positioned to benefit from new AI ASIC demand from major customers like ByteDance.
Analyst previously predicted Qualcomm's AI ASIC opportunity; ByteDance deal validates thesis
@JOMO1137175 I’m saying this because of Qualcomm.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -6.2% | -6.2% |
| 1 week | -3.2% | -4.4% |
| 1 month | -17.7% | -15.5% |
| 3 months | — | — |
| 6 months | — | — |