Qualcomm Inc. (NASDAQ:QCOM) is among the top 10 most undervalued semiconductor stocks. Analyst C J Muse raised the price target to $185 from $150 on December 16, maintaining a Buy rating. Qualcomm acquired Alphawave Semi on December 18 to enter the data center market.

Qualcomm’s Snapdragon Cockpit Elite technology will be showcased at CES 2026, powering LG Electronics’ AI Cabin Platform. The technology enables real-time AI assistance without external servers, enhancing safety and security. Examples include alerts for merging vehicles, reducing vulnerabilities like latency and hacking.

Qualcomm Inc. (NASDAQ:QCOM) develops wireless technologies globally through Qualcomm Technology Licensing, Qualcomm CDMA Technologies, and Qualcomm Strategic Initiatives. While QCOM is a solid investment, other AI stocks may offer greater upside potential and less downside risk. Check out our free report on the best short-term AI stock.

For more investment insights, explore Cathie Wood’s Stock Portfolio: Top 10 Stocks to Buy and 30 Most Fantastic Stocks Every Investor Should Pay Attention To. This article is originally published on Insider Monkey.

Read more at Yahoo Finance: Analysts Bullish on Qualcomm Inc. (QCOM) As It Completes Alphawave Semi Acquisition