We recently published a list of Top 10 Trending AI News On Wall Street’s Radar. In this article, we are going to take a look at where InterDigital, Inc. (NASDAQ:IDCC) stands against other top trending AI news on Wall Street’s radar.
As the DeepSeek-driven sell-off in US AI stocks started to fade, China is claiming advances in another new-age technology that can impact quantum computing stocks globally. Origin Quantum Computing Technology’s prototype received over 20 million remote visits worldwide, marking a major milestone in the mainland’s quantum computing landscape.
Although China has been viewed as lagging behind the US in quantum computing, it could be leading the race when it comes to quantum communications (quantum networking). China has consistently tested secure quantum communications in fiberoptic and satellite networks.
Elsewhere, physicists working in Google’s laboratory developed a new digital-analog quantum simulator that can study and calculate complex physical processes with unprecedented precision. The milestone has the potential to solve different challenges in diverse fields, from solid-state physics to astrophysics.
“Our research demonstrates that it is possible to create superconducting analog-digital quantum processors on a chip and that these are suitable as quantum simulators,” said Andreas Läuchli, one of the theoretical scientists involved in the breakthrough.
We selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s database of 900 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
A technician installing advanced cellular equipment at a 5G cell tower.
InterDigital, Inc. (NASDAQ:IDCC)
Number of Hedge Fund Holders: 23
InterDigital, Inc. (NASDAQ:IDCC) is a global R&D firm that develops foundational technologies for AI, wireless, and video processing and encoding. The company’s technologies enable immersive experiences across diverse communications and entertainment solutions. Their innovations are used by manufacturers of wireless communications devices, consumer electronics, IoT devices, cars, and cloud-based service providers.
On February 18th, InterDigital, Inc. (NASDAQ:IDCC) announced it will showcase its AI-enabled sensing innovations in wireless communications at the Mobile World Congress 2025. The company believes its next-gen solutions that boost 6G potential will improve content diversity and the services delivered over wireless mediums. Furthermore, they will demonstrate smartphone energy savings through AI-powered pixel value reduction solutions as well as Integrated Sensing and Communication (ISAC)-enabled 6G networks driven by AI that can empower an autonomous robot’s navigation in diverse environments, like a smart factory.
“In this stage of technology evolution, as we leverage the efficiencies of AI and innovate solutions to support the growth and diversity of media delivered over wireless networks, InterDigital is at the forefront of innovation that is both enhancing our communications and unlocking new wireless services and capabilities.”
-said Rajesh Pankaj, CTO at InterDigital, Inc.
Overall, IDCC ranks 3rd on our list of top trending AI news on Wall Street’s radar. While we acknowledge the potential of IDCC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than IDCC but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.
