QUALCOMM Incorporated is listed as one of the 7 most promising robotics stocks by Wall Street analysts. They recently closed a $2.4 billion deal to acquire Alphawave Semi, a leader in high-speed wired connectivity. Cantor Fitzgerald analyst C.J. Muse raised QCOM’s price target to $185, reflecting confidence in the company’s AI capabilities. The acquisition of Alphawave will enhance QCOM’s AI data center infrastructure, positioning them for future growth. While QCOM is not a traditional robotics manufacturer, its technology enables autonomous robots and drones through AI and 5G connectivity.

Read more at Yahoo Finance: QUALCOMM Incorporated (QCOM) Closes Alphawave Deal, Expands Push Into AI Data Centers