Has Qualcomm Stock Finally Turned a Corner?

Qualcomm (NASDAQ: QCOM) stock surged 11% higher on Oct. 27. Investors again showed interest in the stock after it released its own data center artificial intelligence (AI) chips. Although that move puts it in direct competition with heavyweights like Nvidia and Advanced Micro Devices, demand is such that Qualcomm still could succeed.The problem comes with its stock and how investors must now assess the opportunity. Does the Oct. 27 surge in the stock price mean Qualcomm has turned a corner, or have the shares moved too far and too fast?Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool