TradingKey – Qualcomm closed September 10 at $176.88, up 0.27% and as expected near the supplied stub of $176.83, indicating a strong September 11 open. Strong recovery from the late July low of $142.29 continued with even higher lows and an uptrend. The recent new milestone and catalyst for Qualcomm was the multi-generational Amazon AI data-center silicon and optical-connectivity agreement, including links up to 1.6T. This is important, as Qualcomm is attempting to offset the decline of Apple modem revenue with gains in the data centers, automotive, and IoT markets.