1 No-Brainer Artificial Intelligence (AI) Chip Stock to Buy Now With $150

Group 1: AI and Semiconductor Investment Insights - Investors are advised to look beyond major semiconductor companies like Nvidia and Broadcom when considering AI stock investments [1] - Qualcomm is highlighted as a potential buy for investors with a modest budget, despite a challenging outlook for the upcoming year [2] Group 2: Qualcomm's Revenue and Market Challenges - Qualcomm generates most of its revenue from wireless handset sales, which are currently under pressure due to rising memory chip costs [3] - The company anticipates a decline in smartphone volume this year, which will negatively impact its revenue [3] - Memory chip prices have increased due to the demand for AI accelerator chips, with supply expected to remain tight until the end of 2026, affecting Qualcomm's revenue through mid-fiscal 2027 [4] Group 3: Qualcomm's Diversification and Long-term Opportunities - Qualcomm is diversifying its business beyond smartphones, with growth in its automotive and Internet of Things (IoT) segments, which are not affected by the memory chip shortage [5] - The company is entering the data center chip market with AI inference chips, which could provide significant growth opportunities [5] - In the long term, Qualcomm is well-positioned to benefit from the shift of AI inference from data centers to devices, potentially increasing demand for high-end devices that utilize Qualcomm's Snapdragon processors [6]