Qualcomm shares rose at the start of trading on Monday
The market saw a rise in Qualcomm's stock
with the stock climbing approximately 3% following the company's announcement
of its next-generation robotics architecture, along with the announcement
of a new high-performance processor targeting advanced robots and humanoid robots.
It is worth noting that the company's new architecture relies on integrating its expertise
in edge artificial intelligence with energy-efficient computing systems.
Today, Nakul Duggal, Vice President and CEO, stated
As pioneers in energy-efficient AI systems,
we understand exactly what is needed to make even the most complex robotic systems
operate safely and reliably.
Technical Outlook for the Stock
From a technical perspective, the stock is currently trading at around $176.
If today's candle closes above this level, we expect to see a continuation of the upward trend.
In the medium term, the target is $183,
which represents a previous resistance level that is expected to be broken.
If the price breaks above and closes above this resistance level,
we expect to see a continuation of the upward trend towards $192.
