Is there a reason Qualcomm went from 125 to 220 in a week? No one uses them for AI, edge computing, soon Apple will not use their modems

I don't get it. I've worked with a lot of AI and infra before the AI hype

Called AMD when it was under $2 probably 9+ years ago

https://np.reddit.com/r/AMD_Stock/comments/9v1n6f/amazon_web_services_aws_pricing_amd_vs_intel/e994dka/

in 2021 I thought NVDA might be the most valuable company in the world and to get ARM at ipo. Back in 2021 no one thought NVDA would be the most valuable company in the world (it was before google passed it)

https://np.reddit.com/r/wallstreetbets/comments/qw9glx/im_surprised_there_isnt_more_nvda_talk_before/

I noticed a strange pattern and no real barrier or reason to why SMCI went from $70 to $1100 a few years ago wrote this before Hidenburg and round tripping was a thing around 2023 when SMCI was $1000

https://np.reddit.com/r/wallstreetbets/comments/1bw9c8l/goldman_sachs_and_morgan_knowingly_offering_scams/

We tried and I personally tried Qualcomm's Snapdragon Elite because I like the benefits of Arm and thought qcom could be a player in edge computing or AI but after using and trying to run even simple apps was a pain. I eventually tried running local AI using Apple M series chips and it blew the snapdragon away.

No company I know uses these snapdragon, I know a lot of people using mac mini. macbook pro/max for AI and AWS arm Gaviton has gained popularity but I've not heard of anyone using QCOM in the datacenter or edge at great scale.

Everyone who's used Apple's modem has had good things to say about, is it possible QCOM loses to apple iphones in the iphone 18

There's so many bear cases for this stock, I haven't made a play on it but there's so many negatives and few positives. Is there something I'm missing?