Stock market fluctuations | Qualcomm (QCOM.US) soars more than 13%, achieves breakthrough in data center business.

According to the Zhixun Financial APP, on Thursday, Qualcomm (QCOM.US) surged more than 13% to $176.59. In terms of news, Qualcomm had released two positive signals when announcing its quarterly performance, including progress in its data center business and the expectation that the Chinese smartphone market is expected to bottom out in the third quarter and then recover with a sequential increase, boosting investor confidence. China is one of Qualcomm's largest markets, and this assessment is seen as an important positive signal for the improvement of the company's mobile business prospects.