Qualcomm Shares Surge 75% Amid AI Chip Partnerships
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: CNBC
- Stock Surge: Qualcomm's shares have surged 75% over the past month, with a 12% increase on Friday alone, reflecting market recognition of its increasingly pivotal role in the physical AI sector, driving the stock to record highs.
- Partnership with OpenAI: Qualcomm is collaborating with OpenAI to develop an AI chip aimed at launching a new AI-driven device, with analyst Ivan Feinseth stating that this will restore Qualcomm's former glory and lead the connected device revolution.
- Automotive Business Growth: Qualcomm's automotive revenue climbed 38% year-over-year to $1.3 billion, with over 1 million vehicles already utilizing its processors, showcasing strong growth potential in the smart automotive sector.
- New Data Center Chip Business: Qualcomm's upcoming AI200 and AI250 data center chips are set to launch later this year, providing custom AI accelerators that will offer more programmable computing capabilities for large hyperscale data centers, further expanding the company's business scope.
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Analyst Views on STLA
Wall Street analysts forecast STLA stock price to rise
14 Analyst Rating
7 Buy
7 Hold
0 Sell
Moderate Buy
Current: 7.560
Low
9.33
Averages
11.81
High
15.15
Current: 7.560
Low
9.33
Averages
11.81
High
15.15
About STLA
Stellantis N.V., formerly Fiat Chrysler Automobiles N.V., is a holding Company based in the Netherlands and operates as an automaker and a mobility provider. The Company is engaged in designing, engineering, manufacturing, distributing and selling vehicles, components and production systems. The Company has industrial operations in more than 30 countries and sells its vehicles directly or through distributors and dealers in more than 130 countries. The Company designs, manufactures, distributes and sells vehicles for the mass-market under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands. In addition, the Company designs, manufactures, distributes and sells luxury vehicles under the Maserati brand. The Company's brand portfolio also includes Peugeot, Citroen, DS Automobiles, Opel and Vauxhall. It offers a wide variety of vehicle choices from luxury and mainstream passenger vehicles to pickup trucks, sport utility vehicle (SUVs).
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Class Action Reminder: The Schall Law Firm reminds investors of a class action lawsuit against Stellantis for violations of §§10(b) and 20(a) of the Securities Exchange Act, concerning securities purchased between February 26, 2025, and February 5, 2026, with a deadline to contact the firm by June 8, 2026, to participate.
- False Statement Allegations: The complaint alleges that Stellantis made false and misleading statements, creating a false impression that it could capitalize on the EV market, leading to repeated reductions in earnings guidance due to restructuring charges and other issues.
- Market Reaction Impact: When the market learned the truth about Stellantis, investors suffered damages, indicating the company's failure to secure a commanding position in the electric vehicle market, which negatively affected its stock price and investor confidence.
- Legal Consultation Opportunity: The Schall Law Firm offers free consultations and encourages affected investors to take action before class certification to ensure their rights are protected and to seek compensation for their losses.
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- Significant Revenue Growth: SoundHound AI reported a 52% increase in revenue last quarter, indicating strong demand for its AI voice assistant products, despite facing a steady non-GAAP loss of around $25 million per quarter, showcasing the company's potential in the market.
- Acquisition Strategy: The company plans to acquire LivePerson on favorable terms, allowing it to pay off outstanding debt at a discount, with the merger expected to generate up to $100 million in annual growth synergies, thereby enhancing its competitive position.
- Cautious Market Reaction: Despite the company's potential, investor concerns about a planned $300 million at-the-market equity offering, which could dilute shares, have led to a cautious outlook on its short-term stock performance.
- Stock Price Volatility Risk: Currently trading around $8 per share, SoundHound AI has the potential for strong growth post-acquisition, but market confidence in its future performance remains low, necessitating careful risk-reward assessment by investors.
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- Diverse Customer Base: Since its public debut in 2021, SoundHound AI has successfully built a diversified customer base, developing AI voice assistant products for companies like Stellantis and Chipotle, demonstrating its solid market position and growth potential.
- Acquisition of LivePerson: SoundHound AI will further expand its influence in the AI assistant space after acquiring LivePerson on favorable terms, allowing it to pay off LivePerson's outstanding debt at a discount, thereby optimizing its financial structure.
- Significant Revenue Growth: Despite facing a steady non-GAAP EBITDA loss of around $25 million per quarter, SoundHound AI reported a 52% year-over-year revenue increase last quarter, indicating rapid business expansion and potential for future profitability.
- Market Financing Plans: The company recently announced a $300 million at-the-market equity offering, raising concerns about dilutive funding sources; however, if the acquisition succeeds, it is expected to generate up to $100 million in annual growth synergies, potentially reigniting investor confidence.
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- Class Action Initiated: Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against Stellantis N.V. to recover damages for investors who purchased securities between February 26, 2025, and February 5, 2026, highlighting significant investor concerns regarding the company's financial transparency.
- Allegations of False Statements: The complaint alleges that Stellantis made materially false and misleading statements throughout the class period, failing to disclose its inability to achieve projected earnings growth, which has severely undermined investor confidence in the company's future.
- Electrification Strategy Failures: The lawsuit also claims that Stellantis's electrification strategy was not growing as represented, indicating a lack of competitiveness in the electric vehicle market and suggesting that the company may need to realign its strategic priorities to address future market challenges.
- Investor Rights Protection: The law firm offers legal services on a contingency fee basis, meaning they will only charge fees if they successfully recover losses, thereby minimizing the financial burden on investors participating in the legal action.
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- Class Action Notice: Rosen Law Firm reminds investors who purchased Stellantis (NYSE: STLA) common stock between February 26, 2025, and February 5, 2026, to apply as lead plaintiffs by June 8, 2026, to participate in the class action and seek compensation.
- Lawsuit Background: The lawsuit alleges that Stellantis made false or misleading statements during the class period, concealing the true state of its earnings growth potential, which led to investor losses when the market learned the truth, particularly regarding its electrification commitments.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, achieving the largest securities class action settlement against a Chinese company in 2017, showcasing its strong capabilities in this field.
- Investor Guidance: Investors are advised to carefully select law firms with proven success in leadership roles, avoiding those that merely act as intermediaries, to ensure effective legal representation and support in the class action.
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- Stock Surge: Qualcomm's shares have surged 75% over the past month, with a 12% increase on Friday alone, reflecting market recognition of its increasingly pivotal role in the physical AI sector, driving the stock to record highs.
- Partnership with OpenAI: Qualcomm is collaborating with OpenAI to develop an AI chip aimed at launching a new AI-driven device, with analyst Ivan Feinseth stating that this will restore Qualcomm's former glory and lead the connected device revolution.
- Automotive Business Growth: Qualcomm's automotive revenue climbed 38% year-over-year to $1.3 billion, with over 1 million vehicles already utilizing its processors, showcasing strong growth potential in the smart automotive sector.
- New Data Center Chip Business: Qualcomm's upcoming AI200 and AI250 data center chips are set to launch later this year, providing custom AI accelerators that will offer more programmable computing capabilities for large hyperscale data centers, further expanding the company's business scope.
See More











