QUALCOMML: Edge-AI Computing Is Sneaking Up Everywhere

Summary:

• Qualcomm is diversifying beyond mobile handsets into automotive, IoT, and PCs, driven by edge-AI applications, boosting growth and reducing reliance on the mature mobile market.
• The company’s Snapdragon platforms are well-positioned for edge-AI, with significant traction in automotive and IoT, and promising new Snapdragon X processors for PCs.
• Despite strong financials and growth potential, Qualcomm faces considerable risks from its high dependence on the Chinese market and potential trade tensions.
• While the stock is attractively priced and benefits from AI-driven tailwinds, the significant China-related risks make a full entry currently unwarranted.

Qualcomm (NASDAQ:QCOM) focuses on developing and commercializing foundational technologies including 4G, and 5G wireless connectivity, high-performance computing (mobile and PC), and on-device AI.

The company leads in developing and licensing CDMA and OFDMA-based technologies, playing a significant role

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