14 AI News You Should Pay Attention To

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9. QUALCOMM Incorporated (NASDAQ:QCOM)

Market Capitalization: $185 Billion

QUALCOMM Incorporated (NASDAQ:QCOM) develops and sells foundational technologies for the wireless industry. As the company targets the PC market boom due to AI features, Akash Palkhiwala, the CFO of the firm, said during the fourth quarter earnings call that Qualcomm had established performance leadership in Windows devices with the Snapdragon X Plus 8-core chip, allowing access to the $700 price tier. Cristiano Renno Amon, the CEO of the firm, added that the number of platforms designed had increased nearly threefold, indicating strong market traction in the area.

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