{"id":2904,"date":"2026-06-09T16:43:13","date_gmt":"2026-06-09T16:43:13","guid":{"rendered":"https:\/\/retrotradingreport.com\/index.php\/2026\/06\/09\/jensen-huang-strikes-again-recommends-buying-qualcomm-stock\/"},"modified":"2026-06-09T16:43:13","modified_gmt":"2026-06-09T16:43:13","slug":"jensen-huang-strikes-again-recommends-buying-qualcomm-stock","status":"publish","type":"post","link":"https:\/\/retrotradingreport.com\/index.php\/2026\/06\/09\/jensen-huang-strikes-again-recommends-buying-qualcomm-stock\/","title":{"rendered":"Jensen Huang strikes again, recommends buying Qualcomm stock"},"content":{"rendered":"
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Nvidia chief executive Jensen Huang brought Qualcomm (QCOM) in focus late Monday, issuing an explicit public endorsement of the rival chipmaker.<\/p>\n

Speaking to tech executives and reporters during his highly anticipated press tour in Seoul, Huang praised QCOM\u2019s dominance in mobile hardware before playfully instructing the audience to \u201cbuy their stock\u201d<\/p>\n

The unscripted remarks caught Wall Street completely off guard, immediately triggering a wave of after-hours buying. <\/p>\n

Though the stock saw heavy selling on Tuesday, versus its year-to-date low, Qualcomm stock is up more than 60%<\/a> at writing.<\/p>\n

Why Huang endorsed the stock<\/h2>\n

Addressing attendees regarding Nvidia\u2019s strategic positioning, Jensen Huang freely acknowledged that his company lacked a competitive edge in smartphones.<\/p>\n

However, he quickly reframed this limitation as a mutual victory for the broader tech ecosystem.<\/p>\n

\u201cI don\u2019t think we are incredibly good at mobile devices \u2013 and I don\u2019t think it\u2019s necessary,\u201d Huang noted, setting up the ultimate punchline; \u201cThey\u2019re doing such a good job. Buy their stock.\u201d<\/p>\n

This off-the-cuff validation from the undisputed poster child of the generative artificial intelligence boom instantly injected fresh speculative enthusiasm into QCOM shares.<\/p>\n

Note that the semiconductor firm currently pays a healthy dividend yield of 1.82% – which makes it even more attractive as a long-term holding.<\/p>\n

Huang’s endorsement fails to prevent Tuesday’s pullback<\/h2>\n

The sudden alliance brought temporary relief to Qualcomm shares following a brutal week of market volatility.<\/p>\n

Tensions peaked just days ago at Computex \u2013 where Nvidia unveiled its powerful new RTX Spark superchip<\/a> for Windows PCs, standardizing an aggressive push directly into Qualcomm\u2019s flagship \u201cWindows on Arm\u201d computing narrative.<\/p>\n

Simultaneously, a conservative AI revenue forecast from Broadcom had dragged down the entire semiconductor index in a sweeping sector-wide sell-off.<\/p>\n

By publicly advocating for his competitor, Jensen Huang basically signaled to nervous institutional investors that Nvidia has no immediate intention of challenging QCOM\u2019s premium mobile moat \u2013  providing crucial psychological support to a jittery market.<\/p>\n

How Wall Street recommends playing Qualcomm Inc<\/h2>\n

While retail investors celebrated the immediate price spike, seasoned market analysts are voicing growing anxiety over the sheer influence of the \u201cJensen Bump.\u201d<\/p>\n

Industry skeptics suggest that a single executive\u2019s casual commentary wielding this much market-moving power hints at dangerous, bubble-like exuberance.<\/p>\n

For now, the macroeconomic landscape remains entirely captive to Huang\u2019s words \u2013 proving once again that in the current tech environment, an Nvidia recommendation outweighs the conventional financial metrics.<\/p>\n

Investors should also note that Wall Street analysts do not particularly agree with Huang on QCOM stock. <\/p>\n

According to Barchart<\/em>,the consensus rating on Qualcomm Inc sits at \u201chold\u201d only, with the mean price target of nearly $185 indicating potential downside of some 13% from current levels.<\/p>\n

Analysts\u2019 cautious stance partly reflects valuation concerns, with the company currently going for a rather stretched 27x forward earnings<\/a>.<\/p>\n

The post Jensen Huang strikes again, recommends buying Qualcomm stock<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Nvidia chief executive Jensen Huang brought Qualcomm (QCOM) in focus late Monday, issuing an explicit public endorsement of the rival chipmaker.Speaking to tech executives and reporters during his highly anticipated press tour in Seoul, Huang praised QCOM\u2019s dominance in mobile hardware before playfully instructing the audience to \u201cbuy their stock\u201dThe unscripted remarks caught Wall Street…<\/p>\n","protected":false},"author":1,"featured_media":2905,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/2904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/comments?post=2904"}],"version-history":[{"count":0,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/posts\/2904\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media\/2905"}],"wp:attachment":[{"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/media?parent=2904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/categories?post=2904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/retrotradingreport.com\/index.php\/wp-json\/wp\/v2\/tags?post=2904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}