8 Best Humane Stocks to Invest in Now

5. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Investors: 74

ESG Score: 62

QUALCOMM Incorporated (NASDAQ:QCOM) is a leading semiconductor and telecommunications company recognized for its innovations in wireless technology. The company generates revenue through intellectual property licensing and the sale of semiconductors for mobile devices and IoT applications. The company’s efforts focus on energy-efficient technologies and supply chain responsibility.

QUALCOMM Incorporated (NASDAQ:QCOM) is leveraging the growing demand for on-device artificial intelligence (AI) and edge computing. The company views edge AI as a transformative technology that enhances the human-computer interface by offering context, immediacy, and personalization while ensuring privacy and security. During the recent Snapdragon Summit, QUALCOMM Incorporated (NASDAQ:QCOM) outlined its vision for AI-enabled edge computing and announced collaborations with Meta to support Llama 3.2 on Snapdragon-powered devices and with Amazon to develop a cloud-to-edge solution for customizing and deploying AI models. The company also introduced the Snapdragon 8 Elite, which features a second-generation custom Oryon CPU and a redesigned hexagon NPU, enabling advanced AI capabilities in mobile devices.

QUALCOMM Incorporated (NASDAQ:QCOM) is also expanding its footprint in the Industrial IoT (IIoT) sector with the launch of the Qualcomm IQ Series and the IoT Solutions Framework. These offerings are tailored for next-generation industrial edge applications and provide tools for automation, robotics, inspection, and advanced computer vision. Furthermore, the company is enhancing its connectivity and computing capabilities in its Networking Pro A7 Elite Platform to bolster its edge networking solutions and reinforce its leadership in industrial and IoT markets.