QUALCOMM (QCOM) purchased VinAI's generative AI division and launched X85 modem, gaining 7% post-investment

From Yahoo Finance: 2025-05-14 13:04:00

A list of 10 tech stocks that were recently bought by Trump’s fellow Republican during a market rout was published. Marjorie Taylor Greene stood out for buying stocks that quickly recovered despite the market downturn. One of the stocks she purchased is QUALCOMM Incorporated (QCOM), which has gained 7% since her investment.

QUALCOMM (QCOM) recently acquired the generative AI division of VinAI to enhance its AI capabilities. The company also launched the X85 modem, featuring a cutting-edge 5G AI processor. While QCOM ranks 8th on the list of tech stocks bought by Trump’s fellow Republican, there are other AI stocks with potentially higher returns in a shorter time frame.

The acquisition highlights Qualcomm’s commitment to driving AI innovation, aiming to deliver cutting-edge solutions across various industries. With ongoing advancements and a favorable valuation, QCOM presents a buying opportunity for investors looking to capitalize on AI technology.



Read more at Yahoo Finance: Is QUALCOMM Incorporated (QCOM) the Tech Stock That Trump’s Fellow Republican Bought Amid Market Rout?