Analysts Watch QUALCOMM Incorporated (QCOM)’s Expanding AI Data Center Footprint

QUALCOMM Incorporated (NASDAQ:QCOM) is among the most undervalued tech giants to bargain according to hedge funds. As of December 26, QUALCOMM Incorporated (NASDAQ:QCOM) has a ‘Buy’ oregon equivalent standing from fractional of the analysts covering the stock. With a median terms people of $200, the banal has an upside imaginable of 14.28%. Among the analysts bullish connected the banal is Fang Boon Foo, an expert astatine DBS, who maintained a ‘Buy’ standing connected the institution connected December 5 and a terms people that mirrored the statement estimate.

Later, connected December 18, QUALCOMM Incorporated (NASDAQ:QCOM) announced the completion of its acquisition of Alphawave IP Group plc, a 4th up of the expected timeline. This acquisition is simply a testament to the company’s strategy of establishing a foothold successful the information halfway market. CEO and co-founder of Alphawave Semi, Tony Pialis, volition pb the company’s information halfway business.

“Alphawave Semi’s expertise successful high-speed connectivity technologies complements our Qualcomm Oryon CPU and Hexagon NPU processors,” stated Cristiano Amon, President and CEO of QUALCOMM Incorporated (NASDAQ:QCOM). “The summation of Alphawave’s technologies volition fortify our platforms and optimize show for next-generation AI information centers.”

Kārlis Dambrāns/Flickr

The task aims to make a starring subordinate successful AI compute and connectivity solutions crossed respective fast-growing markets, peculiarly information halfway applications.

Separately, connected December 16, C.J. Muse from Cantor Fitzgerald lifted the terms people connected QUALCOMM Incorporated (NASDAQ:QCOM) to $185 from $170 and maintained a ‘Neutral’ rating. The firm’s assurance successful SOX (Philadelphia Semiconductor Index) to pb the marketplace is driven by its outperformance versus S&P by astir 30 points successful CY25, The Fly reported.

QUALCOMM Incorporated (NASDAQ:QCOM), headquartered successful California, is simply a integer telecommunications supplier operating crossed 3 segments: Qualcomm CDMA Technologies, Qualcomm Technology Licensing, and Qualcomm Strategic Initiatives.

While we admit the imaginable of QCOM arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.