Qualcomm (NASDAQ: QCOM) and Intel (NASDAQ: INTC) have been moving in opposite directions this year, despite facing challenges in their respective markets. Both companies are looking to AI to boost their performance. Intel has struggled due to declining PC sales, while Qualcomm has faced issues with smartphone sales. The rise of AI is expected to benefit both sectors, with Qualcomm seeing a 19% increase in stock value and Intel experiencing a 23% decline in 2024.
It appears that Qualcomm is making better use of the AI trend. Let’s explore why Qualcomm may be the superior choice for AI investment.
Why Choose Qualcomm for AI?
The smartphone market is poised for a rebound this year, with analysts predicting…
2024-04-08 19:30:00
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