Prediction: This Artificial Intelligence (AI) Stock Will Crush the Market in 2025
Qualcomm(QCOM) The Motley Fool·2024-11-16 09:04
The robust demand for generative AI smartphones could give this chipmaker a big boost in 2025.Qualcomm (QCOM -2.12%) stock hasn't exactly set the market on fire this year as compared to some other illustrious names in the semiconductor industry. Shares of the chipmaker are down 26% since hitting a 52-week high on June 18 as of this writing.As a result, Qualcomm has underperformed the PHLX Semiconductor Sector index's returns in 2024 with gains of 16% as of this writing. However, the company's latest results ...