Qualcomm

QCOM

Market cap $173B

Trump's 25% tariff on AI chips landed the same day Taiwan Semiconductor Manufacturing Company (TSMC) posted blowout earnings and dismissed AI bubble fears.

Qualcomm is rapidly capitalizing on the surge in personal AI and robotics, reversing perceptions of missing the AI race. QCOM's partnership with Meta on Ray-Ban smart glasses has resulted in explosive demand, with production targets rising to 20–30 million units. The launch of the Dragonwing IQ10 Series positions the wireless company as a key enabler in robotics, highlighted by collaboration with Figure on humanoid AI.

Explore the exciting world of Qualcomm (QCOM 0.45%) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!

Shares of tech giant Qualcomm Inc. NASDAQ: QCOM have stumbled into the new year on the back of a sudden shift in analyst tone. The stock fell nearly 5% to start the week and is now trading back under $170, a sharp reversal from the optimism that had been building late last year, when it looked poised to break through resistance around $184.

Daniel Newman, CEO of The Futurum Group, shares the 5 tech stocks he believes will lead the market in 2026.

Qualcomm edges out Advanced Micro as the better buy in 2026, thanks to strong valuation, AI growth, and diversified chip demand.

Qualcomm (QCOM) concluded the recent trading session at $165.29, signifying a -2.35% move from its prior day's close.

Qualcomm offers a compelling risk-reward profile, underpinned by robust free cash flow and disciplined capital returns despite recent underperformance versus semiconductor peers. QCOM's burgeoning positioning in the AI data center inferencing space is set to drive a meaningful ramp in non-handset business opportunities. QCOM offers an impressive above-average shareholder yield of 6.6%, which is founded on ever-increasing free cash flow expansion that will only get better with lower cash taxes expected.

Qualcomm (QCOM) stock has decreased by 7.1% over the past 21 trading days. The recent decline is indicative of renewed worries regarding the challenges in the handset business and possible losses related to Apple modems; however, significant drops like this often provoke a more difficult question: is this dip short-lived, or does it signal more profound issues within the company?

Qualcomm Incorporated trades at a discounted 14x forward P/E, reflecting over-penalized Apple headwinds despite robust diversification and execution. QCOM's Android handset revenues grew 10% YoY, and automotive QCT revenues surged 36% to nearly $4B in fiscal 2025, highlighting successful expansion. Management assumes Apple revenue goes to zero by 2027 and is aggressively shifting to autos, data centers, and AI inference with tangible wins.