This article was written and reviewed by Doug Nathman and his team at Trefis. For questions, email [email protected] years as a market underperformer, what has led investors to finally take notice?If you weren't paying attention, you might have overlooked it. From March 10, 2026, to June 8, 2026, shares of Qualcomm (QCOM) experienced a significant climb, increasing by 61.7%. To put it in perspective, this far surpassed the S&P 500’s return of 9.5% and left numerous other semiconductor rivals like Broadcom trailing behind.So, what was the catalyst? For a considerable time, the narrative surrounding this firm was repetitive: smartphone cycles,...