15 Trending AI Stocks on 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. The AI-capable chips of QUALCOMM are now making their way into cars and IoT devices, after powering smartphones globally. On November 20, Cristiano Amon, the CEO of the firm, appeared on news platform Bloomberg. When asked about the recent rumors of his company being interested in buying out rival Intel, Amon underlined that no large acquisition targets had been identified right now. Intel is struggling to compete financially and technologically with rival AI chip firms, and is considering takeover offers.

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