Prediction: This Underrated AI Company Could Power the Next Era of Smart Devices

Among the longtime stalwarts in the semiconductor industry that lead the way in artificial intelligence (AI), not many have struggled more than Qualcomm (NASDAQ: QCOM). Qualcomm remains the leading innovator in the smartphone chipset market, and it has incorporated AI features into its latest phones.Despite its position in the market, the stock struggled to move higher as it contends with the coming loss of Apple as a client and its heavy dependence on China.Nonetheless, Qualcomm's supply agreement with Apple is valid until March 2027, which means it could still drive sales in the immediate future. Additionally, it maintains a strong presence in the most advanced phones running Alphabet's software. As indications of another upgrade cycle begin to appear, Qualcomm's long-suffering shareholders could finally experience an improvement in shareholder returns.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool