Reported about 1 year ago
Despite Nvidia's significant presence in artificial intelligence (AI), Qualcomm is emerging as a promising AI stock that investors should consider. Qualcomm has embraced AI in smartphone chipsets, IoT, automotive, and now personal computers, attracting strong demand for its innovations like the Snapdragon 8 Gen 3 chipset. While Qualcomm’s revenue growth has been modest, its profitability has improved, leading to an 85% stock price increase. With a lower valuation and recent AI innovations, Qualcomm remains an attractive option for semiconductor investors.
Source: YAHOO