Analysts Watch QUALCOMM Incorporated (QCOM)’s Expanding AI Data Center Footprint

Group 1: Investment Potential - QUALCOMM Incorporated (NASDAQ:QCOM) is considered one of the most undervalued tech giants, with half of the analysts giving it a 'Buy' or equivalent rating and a median price target of $200, indicating an upside potential of 14.28% [1] - C.J. Muse from Cantor Fitzgerald raised the price target for QUALCOMM to $185 from $170 while maintaining a 'Neutral' rating, reflecting confidence in the semiconductor sector's performance [4] Group 2: Acquisition and Strategic Moves - On December 18, QUALCOMM completed its acquisition of Alphawave IP Group plc ahead of schedule, aiming to strengthen its position in the data center market [2] - The acquisition is expected to enhance QUALCOMM's capabilities in AI compute and connectivity solutions, particularly for next-generation AI data centers, as stated by CEO Cristiano Amon [3] Group 3: Company Overview - QUALCOMM operates as a digital telecommunications provider across three segments: Qualcomm CDMA Technologies, Qualcomm Technology Licensing, and Qualcomm Strategic Initiatives [5]