QCOM at $165.42 With AI Edge Growth vs. Apple Headwind

Qualcomm (NASDAQ:QCOM) Stock Analysis: AI Leadership, Diversification, and Apple Headwinds

Edge AI Partnerships Strengthen Qualcomm’s Position

Qualcomm (NASDAQ:QCOM) continues to anchor itself as a leader in edge AI through strategic collaborations that extend beyond traditional handset reliance. The extended agreement with Xiaomi cements Snapdragon’s role in premium smartphones, ensuring the first launches of the next-generation Snapdragon 8 Elite chip in China and globally. At the same time, the COMPUTEX announcement of a partnership with Advantech highlights Qualcomm’s push into industrial IoT, with both companies targeting AI-driven applications across automotive, AR/VR, and smart infrastructure. This is critical, as edge AI…

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