Qualcomm stock closed up 11.6% on Friday and is now up 75% in the past month, as the company increasingly becomes a key player in AI devices (Katie Tarasov/CNBC)

May 23, 2026 - 05:02
Updated: 1 month ago
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This chart shows Qualcomm stock rising 11.6 percent on Friday and 75 percent over the past month amid AI device growth.

Katie Tarasov / CNBC:
Qualcomm stock closed up 11.6% on Friday and is now up 75% in the past month, as the company increasingly becomes a key player in AI devices  —  Qualcomm shares surged 12% on Friday and are now up 75% in the past month, as the chipmaker's increasingly central position in the physical AI boom becomes more apparent to Wall Street.

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Christopher Holloway

Christopher Holloway is the founder and director of Progressive Robot, a UK-based technology company. A full-stack engineer with more than two decades of experience, he works across PHP development, ecommerce, Linux infrastructure, technical SEO and AI automation, and writes here on technology, AI, hardware and software.

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