Qualcomm's Snapdragon AI chips have experienced massive growth in China. The company may upend the PC market with its AI PC chip.
Recently, Zacks.com users have been paying close attention to Qualcomm (QCOM). This makes it worthwhile to examine what the stock has in store.
A two-year legal battle pitting two tech titans threatens to disrupt an emerging wave of new personal computers powered by artificial intelligence, tech industry executives and experts say.
Qualcomm's advancements in on-device AI chip functionality could be a game changer, poised to capitalize on the growing demand for AI-capable devices. The company's deep integration into the supply chains of major smartphone manufacturers and recent financial performance demonstrate a surge in demand for their AI chips. Despite concerns about the U.S. chip ban impacting Qualcomm's business in China, the company's diversified market and strong position in AI technology still make it a compelling investment.
Shares of semiconductor company Qualcomm, Inc. (QCOM), have had a rebirth thanks to AI. While the company made its name as a smartphone and mobile communications leader, its products are now helping fuel AI's growth.
Mobile chipset major Qualcomm (NASDAQ: QCOM) has seen its stock rise by a solid 41% year-to-date. There have been several factors driving the recent gains for the company, including signs of a recovery in the smartphone market and optimism that the generative AI trend will help smartphone sales.
Qualcomm (NASDAQ: QCOM ) is steeped in the artificial intelligence trend, but it's richly valued now as the sentiment surrounding AI chipmakers runs red-hot. If you have any available profits on Qualcomm stock, I encourage you to book them now.
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QUALCOMM Incorporated (NASDAQ:QCOM ) Snapdragon Computex 2024 Keynote June 3, 2024 1:30 AM ET Company Participants Cristiano Amon - President and Chief Executive Officer James Huang - TAITRA Satya Nadella - Microsoft Pavan Davuluri - Microsoft S.Y. Hsu - ASUS Jason Chen - Acer Enrique Lores - HP Won-Joon Choi - Samsung Jack Sanborn - Dell Luca Rossi - Lenovo Operator Ladies and gentlemen, please welcome Chairman of TAITRA, James Huang.
Since 2024 started, Qualcomm (NASDAQ: QCOM) has done much to expand and position itself as best it can to continue benefiting from the ongoing artificial intelligence (AI) boom.
Qualcomm (QCOM) reported earnings 30 days ago. What's next for the stock?
Qualcomm (QCOM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.