QCOM

If you are thinking of companies like Broadcom, Marvell, Qualcomm, Nvidia, AMD, and Apple, all of these companies rely on TSMC for at least some of their products.

Last but not least, there is Qualcomm, a lesser-known semiconductor company that I think investors will want to pay attention to. Qualcomm is not yet working in artificial intelligence in the literal sense, but it is creating new products that already have customers waiting to receive them.

These customers are huge companies, including Meta Platforms and Amazon, which have signed agreements with Qualcomm.

And stock number three will be, as you guessed, another player in the semiconductor field. This company is slightly smaller. It is not among the companies with a market capitalization of one trillion dollars, but it will be Qualcomm, and its stock market symbol is QCOM.

Qualcomm is now famous for its " Snapdragon" chips, which are typically the chips used in smartphones. But recently, in the last year or two, they have actually started to increasingly diversify their business into the automotive market, the Internet of Things ( IoT) market, which I think will be crucial to this wave of artificial intelligence , the computer market, and now they are even starting to enter the data center market.

Qualcomm is launching its annual Snapdragon conference as the company expands further into AI-powered personal computers, the automotive sector, and data centers. Qualcomm's theme for this year revolves around the concept of "agent AI" that moves from mere applications to understanding user intentions.

Now, the third stock that I want to bring up today is going to be Qualcomm, ticker QCOM, market cap about 200 billion dollars. Qualcomm is one of those players that is normally known as the phone company, but that has changed completely in the past few quarters.

They have moving more into the data center space.

On this week's edition, we're going to be revisiting Qualcomm. Now, Qualcomm is a global semiconductor, wireless technology, and increasingly becoming an AI computing infrastructure company.

Historically, Qualcomm has best been known for supplying Snapdragon processors, cellular modems to companies like Apple, radio frequency technologies, and wireless connectivity for company's actively trying to transform itself from a handset centered semiconductor company into a broader computing platform, spanning all kinds of devices, including smartphones and personal AI devices, automotive, industrial and consumer IoT devices, robotics, PCs, edge artificial intelligence, and now AI data centers as well.

On Tuesday, September 8th, Qualcomm and Amazon announced a deal that could be worth billions of dollars. So, that's now two deals for the data center market for Qualcomm, which as of yet has yet to produce anything or generate any revenue from this category.

And this could be huge for Qualcomm stock investors. Let me share with you the details, what it means for Qualcomm, and whether or not this stock is still a buying opportunity.

much-needed news for Qualcomm here. As we can see here, Qualcomm manufactures these chips for Amazon. we spent two years talking about Qualcomm's data center business , and how this company could become a force in this particular field.

we knew Qualcomm needed a few major customers and needed gains like these to prove its worth. Therefore, the ability to reach a deal with a total value of approximately $60 billion in potential business.