Qualcomm Incorporated (NASDAQ: QCOM) engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing CDMA2000, WCDMA, LTE and/or OFDMA-based 5G standards and their derivatives. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, IoT, and extended reality, and investments, including non-marketable equity securities and, to a lesser extent, marketable equity securities, and convertible debt instruments. It also provides development, and other services and related products to the United States government agencies and their contractors. The company was incorporated in 1985 and is headquartered in San Diego, California.

finviz dynamic chart for QCOM

Company Overview

  • Market Cap: 216.348 Billion
  • PE Ratio: 25.85
  • EPS: 7.50
  • Dividend Yield: 1.75%

QCOM stock has been going up lately, up more than 84% in the past year. Many analysts and investors are realizing the full extent of semiconductor firms’ capabilities as it moves deeper into the age of generative AI. The stock shares go up only for a very modest 25.8 times trailing price-to-earnings (P/E), making it a value play compared to the GPU makers bid up furiously amid the AI boom. QCOM has a slate of impressive new chips coming and a recent partnership with Ampere Computing for an AI server push effort. Therefore, QCOM stock, with the perfect mix of value, growth and momentum, is a growth stock to own for long-term investors.

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