QUALCOMM: Cheap Semiconductor Stock
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Is QUALCOMM Incorporated (QCOM) the Cheap Semiconductor Stock to Buy Now?
84% Informative
The semiconductor industry has been experiencing a recent wave of surging demand, technological innovation, and shifting macroeconomic dynamics.
The global semiconductor market is forecasted to grow even further in 2025 , with total sales expected to reach an all-time high of $697 billion .
However, not all corners of the semiconductor landscape have enjoyed AI-level tailwinds.
QUALCOMM Incorporated (NASDAQ:QCOM) posted strong financial results, supported by growth in 5 G, AI , and IoT markets.
QCOM acquired MovianAI, the generative AI arm of VinAI , boosting its R&D depth across machine learning and computer vision.
Overall, QCOM ranks 2nd on our list of cheap semiconductor stocks to buy now.
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