Qualcomm Stock Surges in Volume Ranking Amid AI Expansion and Mixed Technical Signals

Volume AlertsFriday, Jun 13, 2025 7:57 pm ET
1min read

On June 13, 2025, Qualcomm (QCOM) experienced a trading volume of $1.312 billion, marking a 45.38% increase from the previous day. The stock ranked 55th in terms of trading volume for the day. However, the stock price fell by 2.51%, marking the second consecutive day of decline, with a total decrease of 2.98% over the past two days.

Qualcomm has been actively expanding its AI capabilities. The company recently opened a new research and development center in Vietnam, aiming to enhance its AI technology and infrastructure. This strategic move is part of Qualcomm's broader initiative to strengthen its position in the global AI market.

Despite the recent decline in stock price, technical analysis indicates a mixed outlook for Qualcomm. The stock's 20-day and 50-day exponential moving averages suggest a buy signal, while the MACD indicator points to a sell. The Relative Strength Index (RSI) is neutral, and the Trend Strength Indicator (ADX) suggests a buy. However, the Commodity Channel Index (CCI) and Williams %R indicate a sell, adding to the complexity of the technical analysis.

Qualcomm's recent acquisition of UK-based Alphawave for $2.4 billion further underscores its commitment to AI and connectivity. This acquisition is expected to bolster Qualcomm's AI capabilities and enhance its competitive edge in the market. The move is seen as a strategic investment that aligns with Qualcomm's long-term growth objectives.

Ask Aime: What impact will Qualcomm's AI expansion have on its stock performance?