10 AI News and Ratings Investors Should Not Miss

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4. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 74 

QUALCOMM Incorporated (NASDAQ:QCOM) develops and sells foundational technologies for the wireless industry. The AI-capable chips of QUALCOMM are now making their way into cars and IoT devices, after powering smartphones globally. Indian news outlets are reporting that a senior executive of Reliance Jio, a telecom firm with close to 500 million customers, has said that his firm is working with QUALCOMM to offer value propositions on fifth-generation or 5G-enabled smartphones. These phones now come loaded with AI features and need access to high-speed internet for smooth processing of AI tasks.

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