ISI raised price target to $380, driven by renewed patent licensing agreements between Apple and Qualcomm, and strong iPhone 18 demand.

The entities involved

• ISI →
  • ADM Aéroports de Montréal project earned ISI certification on September 28, 2026.Mon 17:50
  • Alleged state forces are responsible for civilian disappearances in Balochistan, Pakistan.Mon 17:14
• Apple Inc. →

  American multinational technology company based in Cupertino, California

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • Apple Inc. stock is traded on Nasdaq, and Jefferies Financial Group restated a hold rating on the company.Mon 17:22
• Qualcomm →

  American global semiconductor company

  • Talks regarding potential acquisition of AI-chip startup Tenstorrent involving Qualcomm.Mon 10:59
  • Norges Bank bought a new position in Qualcomm shares, coinciding with buy ratings and price targets from TD Cowen, reported by MarketBeat.Mon 06:47

Related events

• Qualcomm and Intel are raising prices on their products, including CPUs, due to surging demand and higher costs for components like memory and storage.Sep 13
• Positive market outlook for Qualcomm driven by its successful gains in the mobile and edge AI market segments.Jul 6
• Bank of America raised its price target for Apple, arguing that the company's competitive position could be strengthened by AI agents.Jun 7
• Qualcomm trades on the Nasdaq stock exchange, and both Qualcomm and Marvell Technology are leading semiconductor contributors.Aug 26
• iPhone revenue surged 22% to $54.3 billion, reflecting strong performance in the consumer device market.Sep 16