Qualcomm's automotive and data center businesses are quietly rewriting the company's story while everyone debates the Apple modem loss, and that tension is exactly why the buy button keeps getting hit.

Qualcomm (QCOM) stock rose 3.9% in trading after StoneX reiterated a Buy rating and $270 price target, highlighting the chipmaker's expanding data center ambitions and growing exposure to hyperscale customers. The investment case comes as Qualcomm seeks to diversify beyond its core handset business, where demand remains uneven.

This quarter's Qualcomm (NASDAQ: QCOM) dividend will be payable on September 24, 2026, to stockholders of record at the close of business on September 3, 2026.

Bank of America Corp DE cut its position in Qualcomm Incorporated (NASDAQ: QCOM) by 5.0% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,954,402 shares of the wireless technology company's stock after selling 525,856 shares during the quarter. Bank of America Corp