Bank of America adjusted its price target for Qualcomm stock on June 25, 2025, amid developments regarding Apple's in-house modems and Qualcomm's chip designs.

The entities involved

• Bank of America →

  American multinational banking and financial services corporation

  • Bank of America argues that the growth of Changxin Memory Technologies is limited to commodity DRAM, while CXMT challenges Micron's pricing power.14:57
  • JPMorgan's earnings results on October 13, 2026, reset expectations for Citigroup, Wells Fargo, and Bank of America.12:16
• Qualcomm →

  American global semiconductor company

  • A Qualcomm processor is being used in a new module in Vienna.08:00
  • Apple relies on Qualcomm for wireless technology and Broadcom for chip commitments, while Broadcom expands its business model through the VMware acquisition.02:50

Related events

• ISI raised price target to $380, driven by renewed patent licensing agreements between Apple and Qualcomm, and strong iPhone 18 demand.Sep 25
• Bank of America reiterated a 'buy' rating on stock while companies like Starbucks and Dutch Bros Inc operate and compete in the Texas QSR market.Sep 22
• Stephens and Bank of America raised price targets for Darden Restaurants.Sep 11
• Bank of America reiterated its Buy rating and maintained the price target for Costco on May 27, 2026.Jun 7