Mizuho raises Qualcomm stock price target on data center growth - Investing.com

Mizuho has raised Qualcomm's stock price target due to positive outlook on data center growth, reflecting market recognition of Qualcomm's continued innovation in AI and 5G technologies. This adjustme... Read original →

Qualcomm's data center push signals a systemic shift driven by 5G-AI convergence: its custom AI accelerators will force server CPU vendors to redesign I/O and memory subsystems, catalyzing advanced packaging and chiplet ecosystems. Amid U.S. export controls, Qualcomm’s mature-node AI solutions gain supply chain resilience despite rising compliance costs. NVIDIA may counter with Grace CPU + H100 bundling to block Qualcomm’s edge AI incursion, while Intel accelerates Gaudi3 deployment to retain cloud clients. Within 18 months, if Qualcomm leverages its RF and connectivity IP for intra-server AI communication, it could unlock structural growth—not merely a product extension, but a strategic leap from mobile dominance to full-stack compute relevance.