Qualcomm Incorporated QCOM focuses on a deeper foray into the realm of AI (artificial intelligence) capabilities within the laptop and desktop business. The strategy aims to move beyond its main revenue stream, the smartphone industry. In addition to diversifying revenue streams, this could potentially expand QCOM's AI footprint.
The company has launched the Snapdragon X chip for mid-range AI desktops and laptops. AI PCS incorporates additional processors specifically designed to accelerate AI capabilities. This specialized hardware enhances features such as personal assistants and task automation. One of the key selling points of AI PCS is its enhanced battery life. Based on the ARM Holdings PLC design, Qualcomm's chips promise to be used without frequent charging.
The Qualcomm Snapdragon mobile platform utilizes a multi-core CPU with cutting-edge features, incredible graphics and world-wide network connectivity to leverage processors. Built on the Snapdragon mobile platform, smartphones and mobile devices enable cutting-edge security solutions with immersive augmented reality and virtual reality experiences, great camera capabilities, great 4G LTE, and 5G connectivity.
High-tech companies focusing on AI
Nvidia CorporationNVDA is rapidly gaining traction in enterprise AI, expanding its market beyond cloud providers. Large companies across the industry are integrated with NVIDIA's AI platform to automate workflows, increase productivity and improve decision-making. The company's DGX Cloud AI infrastructure, which allows businesses to train and deploy AI models at scale, is increasing adoption. The extension of CUDA software and AI frameworks will strengthen the NVIDIA ecosystem and make it a favourable option for businesses developing AI applications. With AI adoption expected to accelerate after 2025, Nvidia's software and AI Cloud Solutions are key revenue drivers.
Intel CorporationINTC is investing in expanding its manufacturing capacity to accelerate its IDM 2.0 (integrated device manufacturing) strategy. The company has made various decisions to gain a stronger foothold in the vast AI sector. The latest Xeon 6 processors with performance cores (P-cores) can support large AI workloads across a wide range of sectors. With its industry-leading capabilities in AI processing, Xeon 6 Family offers the industry's best CPUs for AI, with reduced cost of ownership. Intel's innovative AI solutions could benefit the broader semiconductor ecosystem by reducing costs, improving performance, and promoting an open, scalable AI environment.
QCOM price performance, ratings and estimates
Qualcomm stocks have fallen 0.5% against 54.7% growth over the past year.
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In price/return ratio, the company's shares are currently trading in the industry with a forward revenue of 14.17 under 37.30.
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The 2025 earnings estimate rose 1.2% per share to $11.89 over the last 60 days, and the same for 2026 rose 0.4% to $11.88.
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Qualcomm currently has Zacks Rank #3 (hold). Here you can see the full list of today's Zacks #1 rank (strong purchase) stocks.
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