China's Innovation Drive Reaches Fever Pitch in 2025: Huawei's 3nm Chip Breakthrough and Intellectual Property Push

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TD Cowen maintains a Buy rating on T-Mobile US but lowers its price target to $263 after strong Q3 2025 results, though it warns of increased competition in 2026.

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TD Cowen maintains a Buy rating on T-Mobile US (TMUS) but lowers its price target to $263 from $291 after the company's Q3 2025 results beat expectations with a minor EBITDA beat and solid performance in phone subscriber additions and fixed wireless access customer growth. However, the firm warns of a more difficult 2026 environment due to growing competition in the wireless market.

China's Innovation Drive Reaches Fever Pitch in 2025: Huawei's 3nm Chip Breakthrough and Intellectual Property Push

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