Qualcomm is evolving from a smartphone chipmaker to a comprehensive AI technology leader. The transition won’t happen overnight, but the strategy appears appealing and the timing is favorable.

Qualcomm had datacenter envy back when Intel ruled the bit barns of the world, and now it has it even worse now that Nvidia has shown how AI processing

Qualcomm Incorporated (NASDAQ:QCOM) is one of the most undervalued large cap stocks to buy right now. On October 27, HUMAIN, which is a PIF company, and Qualcomm announced a transformative collaboration to deploy advanced AI infrastructure in Saudi Arabia.

Qualcomm announced the AI200 and AI250 and has plans to release AI chips annually.

Qualcomm's new AI200/AI250 inference systems could offset Apple revenue loss and drive growth. Click here to read an analysis of QCOM stock now.

Qualcomm's announcement of new AI-enabling chips will allow it to go toe-to-toe with powerhouses like Nvidia and AMD.

Shares of underrated semiconductor firm Qualcomm (NASDAQ:QCOM) were off to the races on Monday, blasting off more than 11% in a single session, as news broke that the firm will be entering the AI chip race,

Qualcomm's Saudi AI deal with Humain may seem like a win, but the real battle is against Nvidia in the AI chip market.

QUALCOMM Incorporated (NASDAQ:QCOM) is one of the AI Stocks Analysts are Tracking Closely. On October 27, Rosenblatt reiterated a “Buy” rating on the stock with a $225.00 price target.