Why Qualcomm Stock Is the Secret AI Pure-Play Bet for 2024

Qualcomm (NASDAQ:QCOM) stock, the chipmaking leader in wireless connectivity, has weathered a challenging macroeconomic environment surprisingly well. However, despite its resilience as their await for a rebound in the handset market the stock has remained undervalued. This will have important implications for Qualcomm stock investors.Looking ahead, there are several catalysts in 2024 that will lay the foundation for accelerated growth. Mainly, their AI CPU (Snapdragon X Elite) that is set to revolutionize ...