14 AI News That Broke The Internet This Week

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7. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 74 

QUALCOMM Incorporated (NASDAQ:QCOM) develops and sells foundational technologies for the wireless industry. Cristiano Amon, the CEO of the firm, recently spoke to finance news platform Barron’s, highlighting the long term plan of the company to diversify away from smartphones and into the AI, automotive, and IoT markets. Per Amon, the mobile-focused technology that had been developed by his company is useful for several industries undergoing AI-based transformation, including personal computing and automotive.

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