• QCOMD.BA is trading 3.5% down at $18.65, undergoing a technical correction and profit-taking following a sharp multi-day rally.
  • This comes after Qualcomm Inc. (the underlying company) unveiled a comprehensive data center AI infrastructure strategy, targeting over $15 billion in revenue by fiscal 2029 at its Investor Day on June 24-25, 2026.
  • The significant AI and data center diversification strategy, which also included analyst upgrades, has been a key driver for the parent company's recent performance.