Qualcomm Is Remaking Itself Into an AI Company. Its Shares Look Dirt Cheap.

Qualcomm Is Remaking Itself Into an AI Company. Its Shares Look Dirt Cheap.

Key PointsQualcomm recently purchased the AI software company Modular.The company also has a new multi-year data center chip deal with Meta.Qualcomm's shares are far cheaper than most tech stocks', even with its shift to AI.10 stocks we like better than Qualcomm › Many technology companies were off to the races when the AI boom first started, but Qualcomm (NASDAQ: QCOM) initially seemed slow to adapt. Not anymore. The company has shifted its str…

Qualcomm (NASDAQ: QCOM) Takes On Nvidia With AI Data Center Push, Meta And Microsoft Partnerships

Qualcomm (NASDAQ: QCOM) has announced a sweeping AI data center strategy that includes new partnerships with Meta and Microsoft, signaling a major expansion beyond its smartphone processor roots. The company introduced the Dragonfly C1000 CPU alongside a new High Bandwidth Compute architecture specifically designed to handle demanding AI workloads at scale. Qualcomm also confirmed the acquisition of AI software company Modular, a move intended t…

Meta's Qualcomm Deal Shows Why AI Infrastructure Is Going Multi-Vendor

Meta’s new deal with Qualcomm is not just another chip story. It shows how AI infrastructure is becoming a multi-vendor game and why everyone building at scale should be paying attention. Inside The Dragonfly C1000 Deal Qualcomm and Meta announced a long-term agreement covering multiple generations of data center CPUs. The Dragonfly C1000 enters production in the second half of 2028, built to power Meta’s next-generation server fleet. Meta is th…