Qualcomm Focuses on AI Datacenters and Smart Glasses With the AR1 Platform. The Stock With a P/E Ratio of 12 Breaks out in the big Picture!

The stock of Qualcomm (QCOM) ends a one-year correction. This sets the stage for the continuation of a long-term uptrend. Such multi-month pauses are not unusual for the stock. Qualcomm has mid-term upward potential for three reasons. First, the acquisition of Alphawave enhances the company's capabilities in the datacenter area. Alphawave specializes in high-speed cable connections, including Serializer-Deserializer technologies that enable fast and efficient data transmission between chips, which is becoming increasingly critical due to the...