Could Qualcomm Become the Next Nvidia?
Nvidia's (NASDAQ: NVDA) stock price skyrocketed 1,750% over the past five years, turning it into the world's most valuable chipmaker, with a market cap of $1.8 trillion. That historic rally -- which was driven by soaring sales of data center GPUs for processing artificial intelligence (AI) tasks -- left Nvidia's semiconductor rivals in the dust.
One of those rivals was Qualcomm (NASDAQ: QCOM), which was more valuable than Nvidia nearly five years ago. Back in May 2019, Qualcomm had a market cap of $104 billion, while Nvidia was worth $103 billion. But today, Qualcomm is only worth $174 billion, making it less than a 10th as valuable as Nvidia.
Image source: Getty Images.
Source Fool.com
Qualcomm Inc. Aktie
139,18 €
2,00 %
Qualcomm Inc. ist ein kleiner Community-Favorit mit mehr Buy- als Sell-Einschätzungen.
Eine erhebliche Steigerung um mehr als 20% ist für Qualcomm Inc. mit einem Kursziel von 174 € im Vergleich zum aktuellen Kurs von 139.18 € zu erwarten.
