15 AI News Updates Wall Street Is Monitoring

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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. Latest reports from China-based Wellsen XR Research contend that Samsung has finalized plans to launch AI smart glasses. The company plans to produce close to 500,000 units of the new product in the first batch. The research note adds that these Android-based XR glasses will launch by the third quarter of next year. These glasses will be equipped with QUALCOMM processors, per the report.

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