Qualcomm benefits from Edge AI - Reaction to quarterly numbers is a buying opportunity!
The stock remains attractively valued with a P/E ratio of 13.8
Bernstein confirms the price target of $215 (Outperform)
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Qualcomm CEO Amon speaks of the "entry into the era of AI inference," as calculations are increasingly performed on devices rather than in the cloud. ARM retracts its announcement of a contract breach and is currently not planning any license termination for the important Oryon chips. By 2030, a market worth $900 billion will be addressed with AI in smartphones, cars, IoT devices, and PCs. Qualcomm expects over 50 billion connected AI devices to be shipped. The introduction of DeepSeek R1 indicates that small, powerful, and efficient...
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