Qualcomm Stock Surges 1.67% on 7.65 Billion Volume Day Ranking 92nd in Market
On June 24, 2025, QualcommQCOM-- (QCOM) experienced a significant trading day with a volume of 7.65 billion, ranking 92nd in the overall market. The stock price increased by 1.67%, marking the second consecutive day of gains, with a total increase of 2.89% over the past two days.
Qualcomm is undergoing a strategic transformation, expanding its reach beyond smartphones into automotive, IoT, and edge AI. This diversification is part of a broader effort to position the company as a leader in disruptive innovation, making it an attractive option for moderate to aggressive investors.
Edge AI, a technology that enables real-time, on-device audio classification, is becoming increasingly important in various sectors, including healthcare, industrial IoT, and smart consumer platforms. Qualcomm's involvement in this area could further enhance its market position and drive future growth.
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