Stocks
Qualcomm Stock Climbs as AI Partnership with Amazon Boosts Sentiment
Qualcomm stock rose by 2.09% to $188.71 on Nasdaq on September 17, 2026, as investors continued to bid up semiconductor and AI hardware names in the latest market session.
The move comes after Amazon received an equity-linked warrant tied to Qualcomm, underscoring their deepening AI infrastructure partnership.
Qualcomm's share price has rallied approximately 18% over the past month to around $190, with a market capitalization of about $194.12 billion and daily volume near 9.68 million shares.
The analyst consensus rating on Qualcomm stands at Hold, with a consensus price target of $204.10, implying potential upside of around 8% from current levels.