Qualcomm Set To Supply 90% Of iPhone 17 Modems, Analyst Says
1. Qualcomm benefits from strong smartphone demand and improved iPhone 17 chip share. 2. Analyst raises price target for QCOM to $210 amidst robust market optimism. 3. QCOM's handset volumes outperform forecasts, especially in premium smartphone segment. 4. Automotive and IoT segments projected to grow by over 20% in fiscal 2026. 5. Potential headwind anticipated from Samsung's new Exynos chipsets in 2026.