Why Qualcomm Could Be a Top AI Stock for 2024
Qualcomm (NASDAQ: QCOM) could get its first mobile chip sales boost of the year from Samsung, which just announced its new phone lineup. This year, Samsung's Galaxy devices (the S24 series) are touting lots of on-device AI – which is thanks in large part to Qualcomm's Snapdragon chipsets.
Here's why this could help make Qualcomm a top AI stock for 2024.
Samsung's flagship Galaxy mobile devices have some useful new apps and features launching this year.
Source Fool.com
Qualcomm Inc. Stock
€166.88
-0.730%
The stock is one of the favorites of our community with 36 Buy predictions and 1 Sell predictions.
With a target price of 172 € there is a slightly positive potential of 3.07% for Qualcomm Inc. compared to the current price of 166.88 €.
