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. On November 26, the company announced that it would be expanding a collaboration with defense firm Honeywell to develop artificial intelligence-powered intelligent solutions for the energy sector. Through the collaboration, the latter will incorporate the connectivity and AI technologies of the former into AI-powered applications, such as the Honeywell Field Process Knowledge System. By integrating these new capabilities, Field PKS will provide connectivity to remote corners of plant and manufacturing facilities enabling greater data capture and analytics at the edge.

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