Qualcomm: A Good Opportunity In The AI Handsets Market

Summary
  • Qualcomm’s strong modem technology and integration of modems, RF, and CPUs into single chipsets position it as a leader in smartphones and emerging technologies.
  • Expansion into automotive, IoT, and AI PCs, with the Snapdragon Digital Chassis and a significant share of the $1.1 trillion IoT market by 2028.
  • Valuation suggests a price target of $363.1 per share, a 116.5% premium over the current price, indicating a strong buying opportunity.
  • Risks include potential loss of Apple as a customer, fierce competition, and trade tensions with China, potentially impacting revenue significantly.

Overview

Qualcomm (NASDAQ:QCOM) is a major player in the tech industry, specializing in mobile chipsets and wireless communication solutions. The company’s Snapdragon processors are widely used in top smartphones, and its modem and RF technologies are crucial for fast, reliable…

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