Workflow
Modems
icon
Search documents
This Underrated AI Stock is Readying Up for a 6G Boom
247Wallst· 2025-10-12 12:41
Core Insights - Qualcomm is positioned as an undervalued player in the semiconductor industry, particularly in the context of the ongoing AI revolution and the emergence of new technologies like quantum computing and 6G [2][5][10] Market Context - The current market is characterized as an AI-driven bull market, largely unaffected by economic uncertainties such as government shutdowns and inflation concerns [3][4] - Despite the overall tech sector's growth, Qualcomm's stock has seen a decline of nearly 2% over the past year, indicating it may be underappreciated [6][7] Future Opportunities - Qualcomm is expected to adapt and thrive even as it faces challenges from major customers like Apple, which is developing its own modems [8][11] - The company is investing heavily in the development of 6G technology, which is anticipated to be transformative by 2028, particularly for AI applications that require high data consumption [9][11][12] Investment Perspective - Qualcomm shares are currently trading at a low price-to-earnings ratio of 15.9, suggesting a potential buying opportunity for investors ahead of anticipated technological advancements [12]
Qualcomm beats on earnings, highlights growth in Meta smartglasses
CNBC· 2025-07-30 20:21
Financial Performance - Qualcomm reported fiscal third-quarter earnings that exceeded Wall Street expectations, with net income of $2.66 billion or $2.43 per share, compared to $2.13 billion or $1.88 per share a year ago [2] - The company achieved adjusted earnings per share of $2.77, surpassing the expected $2.71, and revenue of $10.37 billion, slightly above the anticipated $10.35 billion [4] Business Segments - The primary revenue driver for Qualcomm is its smartphone chip business, which generated $6.33 billion in revenue during the quarter, falling short of Wall Street's expectation of $6.44 billion [2] - Qualcomm is facing the potential loss of Apple as a customer for its modem business in the coming years, prompting efforts to diversify its product offerings to include chips for Windows PCs and virtual-reality devices [3] Future Guidance - For the current quarter, Qualcomm expects adjusted earnings of $2.85 per share on revenue of $10.7 billion, which is above analyst expectations of $2.83 per share and $10.35 billion in revenue [1]