Qualcomm's Real Growth Story May Be Just Beginning

  • Qualcomm Incorporated's stock looks unfairly oversold, as its strong business momentum in every key segment and strategic M&As are overlooked by the market. Recent M&A activity and diversification efforts, especially in automotive and edge AI, are building new revenue pillars and widening Qualcomm's competitive moat. The core handset business is poised for growth from a "premiumization" trend and the massive, emerging upgrade cycle for on-device AI smartphones.