Recent Qualcomm stock forecast adjustments reflect better-than-expected handset shipments following stabilization in global smartphone demand. Free cash flow growth supports a dividend yield of 2.4%, appealing to income-focused investors. On May 20, Microsoft Corporation (NASDAQ:MSFT) launched CoPilot + PCs, designed for artificial intelligence. The new PCs are one of the most intelligent and fastest PCs to be ever built. Its new silicon can perform 40-plus trillion operations per second, has a long battery life, and comes with built-in advanced AI models. Individuals in the custody of the new devices will be able to generate and refine images in real-time using Cocreation and function in over 40 languages using the Live Captions tool. The PCs will be made available starting June 18. The question is whether this breakout marks a lasting shift or if Qualcomm’s biggest uptrend in nearly two years can continue. Let’s jump in and take a look at the arguments for and against. Qualcomm stock forecast trends upward following supply chain normalization in RF front-end components. Options activity suggests institutional hedging at $170 strike, implying moderate near-term upside.
