14 AI Stocks to Watch According to Latest News and Ratings

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8. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 74 

QUALCOMM Incorporated (NASDAQ:QCOM) develops and sells foundational technologies for the wireless industry. After conquering the smartphone and personal computer markets, the chipmaker is set to gain a foothold in the world of autonomous driving with the introduction of two new chips designed specially for cars. Latest reports from Motor Trend indicate that QUALCOMM is introducing the Snapdragon Cockpit Elite and the Snapdragon Ride Elite. The former offers three times the computing and graphics processing power of the previous generation, while the latter comes with support for more than 80 simultaneous sensors, including high-resolution radar, imaging, and lidar.

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