35 Trending AI Stocks on Latest News and Analyst Ratings

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11. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 100 

QUALCOMM Incorporated (NASDAQ:QCOM) develops and sells foundational technologies for the wireless industry. The stock has been trending since IoT firm Lantronix introduced new System-in-Package (SiP) solutions powered by QUALCOMM chipsets, enhancing the position of the former in industrial and enterprise IoT. These solutions bring advanced AI and machine learning capabilities to the edge, leveraging QUALCOMM processors to deliver reliable, industrial-grade systems. According to Dev Singh, the VP of Business Development at the chipmaker, the product showcases the strong relationship of the two firms that stretches back over 15 years, and highlights Lantronix’s expertise in embedded computing and IoT to enable seamless deployment of AI solutions at the edge for industrial applications.

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