QUALCOMM Incorporated (NASDAQ:QCOM) is one of the 10 AI Stocks Analysts Are Watching. On February 2, Bernstein SocGen Group analyst Stacy Rasgon lowered the price target on the stock to $200.00 (from $215.00) while maintaining an “Outperform” rating. Despite certain risks, the firm is constructively positive on the stock driven by a developing undervalued growth narrative. Bernstein noted how the QCOM shares have lagged in recent months due to factors such as a general distaste of smartphones, AAPL roll ...

Core Viewpoint - Qualcomm is being closely monitored by analysts as a significant player in the AI sector, with a recent "Buy" rating and a price target of $225.00 following a partnership with HUMAIN for a 200MW deployment, indicating strong potential for long-term growth in AI data center inference [1][2]. Group 1: Partnership and Market Potential - The partnership with HUMAIN is seen as a strategic move for Qualcomm, providing a new growth avenue in AI inference data centers, which aligns with the company's long-term diversification strategy [2]. - Qualcomm's deployment with HUMAIN is anticipated to generate approximately $2 billion in revenue, with deployment expected to commence in 2026 [2]. - The inference stage AI market is projected to exceed $250 billion by 2030, growing at an annual rate of around 20%, suggesting significant revenue opportunities for Qualcomm in the AI inference sector [2]. Group 2: Competitive Landscape - While Qualcomm shows potential as an investment, some analysts believe there are other AI stocks that may offer greater upside potential and lower downside risk [3].