Wall Street Giants Place Major Bets on Qualcomm

Major institutional investors are making significant moves in Qualcomm stock, signaling strong confidence in the semiconductor leader despite ongoing sector volatility. Recent disclosures reveal substantial position increases by some of the world’s largest asset managers, creating a notable divergence between institutional activity and recent price performance.

The most substantial vote of confidence comes from Vanguard Group, which has dramatically increased its holdings in the San Diego-based chip designer. The asset manager now controls an impressive 10.68 percent of voting rights, representing over 114 million shares.

This aggressive accumulation at current price levels suggests a clear strategic assessment: one of the world’s largest passive investors apparently identifies significant value potential and Read more...