Qualcomm Stock Today (QCOM): AI Expansion, Alphawave Deal and Market Sentiment on November 19, 2025
Qualcomm shares traded just above $166 Wednesday afternoon, up less than 1% after a recent 6.6% weekly drop. The company announced a new AI engineering center in Riyadh with Humain and is weighing Intel Foundry for data-center ASICs. Institutional filings disclosed new positions tied to Qualcomm’s Alphawave Semi acquisition. Short interest in QCOM is rising but remains below sector peers.