15 AI Stocks That Are Dominating Headlines

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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 19, the firm held an annual shareholder meeting, with management forecasting as much as $4 billion in PC-related revenue by 2029. The company expects $8 billion in auto-related revenue in the next five years. In the IoT market, it projects $14 billion in revenue. QUALCOMM processors are AI capable and have been integrated into all these three markets over the past few years.

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