Top 20 Trending AI News And Analyst Ratings

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15. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders: 78 

QUALCOMM Incorporated (NASDAQ:QCOM) develops and sells foundational technologies for the wireless industry. The company recently announced that it had completed the purchase of 4G Internet of Things technologies, certain employees, assets and licenses from Sequans Communications, a fab company based in France. The acquisition aims to bolster the industrial IoT portfolio of the former, offering low-power solutions for reliable and optimized cellular connectivity for IoT applications. Sequans has previously said that the transaction provides it with significant capital to continue to invest in its IoT business.

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