In this video, I will talk about Qualcomm (QCOM -0.75%), the reason the stock popped yesterday when the overall market was red, and how its business is expanding and evolving. A TF International Securities analyst reported that Qualcomm will remain the main supplier of 5G chips for Apple (AAPL 1.95%) iPhones and will supply 100% of the mobile modems manufactured in 2023.
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*Stock prices used were the closing prices of June 28, 2022. The video was published on June 29, 2022.