Qualcomm Takes on AI PC Market to Drive Growth

Qualcomm (QCOM) is diversifying its product suite to unlock new revenue opportunities, focusing on AI PCs to move beyond the smartphone industry. Its Snapdragon X series chips are gaining market traction, boosting workplace efficiency with AI automation. Competitors like Intel (INTC) and AMD are also innovating in the AI PC market.

QCOM’s shares have declined 23.9% in the past year, trading at a forward P/E ratio of 13.41. Earnings estimates for 2025 and 2026 have decreased slightly. Qualcomm currently holds a Zacks Rank #3. Analysts are optimistic about Qualcomm’s growth potential in the AI PC market, amidst increasing competition and market trends.

Zacks Investment Research experts have identified top stock picks with money-doubling potential, highlighting one superior recommendation. This analysis includes insights into market trends and potential investment opportunities in the evolving tech landscape. Intel (INTC), Qualcomm (QCOM), and AMD are among the companies analyzed for their growth prospects in the AI PC market.

Read more at Nasdaq: QCOM Betting Big on AI PC: Will it Deliver Sustainable Growth?