13 AI News Investors Should Not Miss

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3. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 74

QUALCOMM Incorporated (NASDAQ:QCOM) develops and commercializes technologies for AI, including investments in AI-driven industries such as automotive, IoT, and cloud computing.

JPMorgan highlights that the Delaware District Court’s decision in favor of Qualcomm (NASDAQ:QCOM) reduces investor concerns about potential financial risks and license cancellations from the lawsuit with Arm. While further litigation from Arm remains possible, Qualcomm may adopt a more cooperative stance to adjust ALA license terms in the future. The ruling, however, gives Qualcomm a strong advantage for any upcoming legal disputes. The analyst maintains an Overweight rating on Qualcomm shares.

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