$Advanced Micro Devices(AMD)$ AMD will secure your future. Never underestimate the power of a great CEO. Lisa Su is really on top of her game. There have been a lot of hit pieces lately trying to take AMD down, but I don't see that happening. Institutions boosted their shares by over 261% in the last year. When a company has that kind of institutional backing, it doesn't go down easy. Sure, the hit pieces can scare off the weak hands, but AMD tends to bounce right back. See you at $600.
$Qualcomm(QCOM)$ AI requires chip replacement across the board. Qcom looks to be at the center of several key markets. The share price seems skewed - it's a 400 billion dollar company.
$Qualcomm(QCOM)$ Not sure why this is turning around on a day when tech has been down. So far, I can't find an explanation. Whatever the likely short-term trading driver is, the fundamentals for continued growth and price appreciation remain in place. A stabilizing mobile phone market, growing auto engagement, increasing IoT utilization, and expansion to data centers and end-user devices all point to compelling growth. After a lengthy slumber, it seems QCOM may be waking up.
$Taiwan Semiconductor Manufacturing(TSM)$ See what happened? Just as I was saying. TSMC broke above $400, while some folks were just trying to bring up Jensen's comment about buying TSMC being smart.
$Qualcomm(QCOM)$ The stock is down over 32 points. But the general view seems to be that it'll reach even higher levels by year-end. QCOM's chips are sold out. So, it's a waiting game.
$Qualcomm(QCOM)$ Qualcomm is still trading at around a 24 PE ratio. For comparison, AMD is at 151 PE and analysts still raised the price target. Qualcomm still looks undervalued. Even Intel is trading at 119 forward PE. In comparison, Qualcomm seems like a better deal.
$Qualcomm(QCOM)$ Tigress Financial raised its price target on Qualcomm to $280 from $270 while keeping a Buy rating. They noted that as Qualcomm expands beyond wireless into AI-driven connectivity across devices, vehicles, and data centers, it's becoming a more attractive investment opportunity. Separately, on May 1, 2026, Baird raised its target on Qualcomm to $300 from $177, maintaining an Outperform rating following the company's fiscal Q1 results.