29.01.2025 10:15:00
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This Artificial Intelligence (AI) Stock Is Bound to Be a Winner No Matter What Happens to the Market This Year
Amid the race to compete in artificial intelligence (AI), investors interested in this sector have tended to ignore Qualcomm (NASDAQ: QCOM). Part of the reason for this is that the longtime leader in smartphone chipsets is at a bit of a crossroads regarding its future as it seeks to diversify its product offerings away from smartphones. Additionally, the struggles Apple is seeing selling AI-enabled phones and the fact that Apple appears ready to drop Qualcomm as a chipset supplier have led some investors to sour on the semiconductor stock.Given the uncertainties and headwinds for the company, it may surprise investors that Qualcomm is likely in a strong position to prosper in 2025 and its shareholders to benefit, regardless of what happens in the broader market. Here's why.As mentioned, Qualcomm's chipsets have long led the chipset market. As the 5G upgrade cycle has cooled, the company has pivoted to designing AI-enabled chips. To that end, it has developed the Snapdragon 8 Gen 3 chip for this purpose, and it should improve on its capabilities with the upcoming release of a Gen 4 chip.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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