Three Reasons Why Significant Rally Potential Exists in the Medium Term!
Qualcomm has rally potential due to Edge AI, data center chips, and low valuation compared to peers with low growth assumptions.
If assumptions for revenue and earnings are too low, revaluations can occur. Qualcomm is a potential candidate.
Reading Time: 1 minute
I am currently long on Qualcomm (i) stock. In my view, the title has medium-term rally potential. Three reasons: 1. Edge AI with inference processes on end devices like smartphones, laptops, or AI glasses is increasing. This simplifies personal assistants that use personal data. There is no need for a constant server query. This would lead to an upgrade cycle and thus more demand for Snapdragon processors. 2. Entry into the data center market with the AI200 and AI250 makes complete sense. Qualcomm aims for the lowest total costs over the lifecycle...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
