Tim Cook & Qualcomm

Tim Cook: Tim Cook, CEO of Apple, acknowledged that memory price increases have become unavoidable, reinforcing analyst price target hikes for Micron.

Qualcomm: Qualcomm's shares jumped due to an aggressive expansion into the AI data center market, ambitious long-term revenue targets, and a strategic supply agreement with Meta Platforms. The company also benefited from a Wells Fargo price target increase and positive market sentiment from the Iran peace deal.