From Nasdaq: 2024-05-09 06:15:00

Nvidia (NASDAQ: NVDA) stock has surged on the stock market due to strong earnings and revenue growth from AI chip demand, holding over 90% of the market share. Qualcomm (NASDAQ: QCOM) has potential to replicate Nvidia’s success in smartphone AI chips, aiming to capture a bigger market share, especially in China. Qualcomm’s revenue is expected to accelerate as demand for AI-powered smartphones grows, making it a promising investment with a lower valuation compared to Nvidia. Investors looking for the next big semiconductor stock should consider Qualcomm’s growth potential in the AI smartphone market.



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