Advisors Capital Management LLC Boosts Position in Qualcomm Incorporated $QCOM

Advisors Capital Management LLC increased its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 1.7% in the fourth quarter, bringing their total holdings to 448,396 shares valued at $76.7 million. Other institutional investors like Vanguard Group and Amundi also increased their positions. This news comes amidst varying analyst sentiments regarding Qualcomm, with some highlighting its AI potential while others express concerns over smartphone demand and valuation.

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