With shares down about 5% year to date (YTD), Qualcomm Inc. (NASDAQ: QCOM) is hardly the most glamorous name in AI. The company neither builds the agents that capture headlines nor operates cloud platforms that draw institutional business.
Still, the company's underlying strength is hard to dismiss: it helps to put AI into just about everything else, including smartphones, cars, industrial tools in factories and manufacturing, and much more. This may give the company, often seen as an old-fashioned firm because of its legacy in digital cellular technology, a continued path to both relevance and long-term competitiveness.
