Qualcomm

QCOM

Market cap $180B

In recent years, American semiconductor giant Nvidia (NASDAQ: NVDA) has been synonymous with the AI revolution, with its GPUs forming the backbone of the sector.

The iPhone maker leads the way for the sector in terms of dollars spent on stock buybacks. But other tech companies have reduced their share counts significantly, as well.

Tepper slashed his hedge fund's position in UnitedHealth Group, perhaps to take some profits off the table. He loaded up on Whirlpool, Qualcomm, and AMD stocks.

Nvidia might be the top dog in artificial intelligence (AI) hardware today, but its lead is narrowing. Qualcomm's newly announced AI chips and Alphabet's Ironwood TPU are positioned to compete with Nvidia on the low and high ends of AI hardware, respectively.

Alphawave IP Group PLC (LSE:AWE) shares rose 6% to 200.6p after the semiconductor group and Qualcomm confirmed that several major regulatory approvals for its £1.8 billion recommended takeover have now been secured, keeping the deal on track for completion before Christmas. The acquisition is being carried out through a court-sanctioned scheme of arrangement.

The market may have been too pessimistic about QCOM's well-diversified capabilities across the smart device, automotive, CPU, data center, and advanced robotics end markets. This is especially since the management has delivered outsized non-Apple handset revenue growth in FY2025 while guiding "low teens percentage growth" in FQ1'26. QCOM may report a robust data center monetization through the recent Alphawave acquisition, as they seek to ship AI inference-optimized AI200/AI250 SoCs from 2026 onwards.

Recently, Zacks.com users have been paying close attention to Qualcomm (QCOM). This makes it worthwhile to examine what the stock has in store.

Market Domination anchor Josh Lipton tackles the afternoon's biggest market headlines in the last hour of the trading day on November 19, 2025. Yahoo Finance senior reporter Jennifer Schonberger breaks down what the Federal Reserve's minutes from the central bank's October meeting reveal about the odds of an interest rate cut in December.

Adobe and Qualcomm said on Wednesday they are partnering with Humain, the artificial intelligence firm backed by Saudi Arabia's sovereign wealth fund, to help the AI company develop tools for generating content in Arabic and for the broader Middle East.

INTC edges out QCOM as valuation, price momentum and growth prospects give it a slight lead in the latest chip stock comparison.