Qualcomm (QCOM) enters the final stretch of 2025 on strong footing. The stock is up roughly 18% year to date, giving the company a market capitalization of about $191 billion. While the upcoming Nov. 5 earnings report will offer the latest read on fundamentals, the larger story is Qualcomm’s ongoing pivot toward artificial intelligence, an evolution that’s quietly redefining its role in the semiconductor landscape. From Mobile Powerhouse to AI Innovator Qualcomm’s recent unveiling of the AI200 and AI250 ...