15 AI News You Should Pay Attention To

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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. On November 20, Susquehanna lowered the price target on the stock to $210 from $230 and kept a Positive rating on the shares. The advisory said the firm shows continued progress on diversification strategy, with edge AI a growth accelerant across the company. In an investor note, the advisory notes the firm is targeting 50/50 Handset/Auto & IoT revenue mix by 2030, though Apple transition impacts growth for the next three years.

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