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Qualcomm stock rises 2.65% as data-center growth offsets risks

Verifying
  • Qualcomm shares outperformed broader markets as investors assessed data-center growth and earnings risks.
  • Qualcomm rose 2.65% to $168.74, while the Nasdaq fell 0.26% and S&P 500 declined 0.44%.
  • Two hyperscaler ASIC programs are expected to generate revenue in the December quarter.
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