QUALCOMM Incorporated (NASDAQ:QCOM) is one of the

7 Cheapest AI Data Center Stocks to Buy Now.

On March 6, 2026, QUALCOMM Incorporated (NASDAQ:QCOM) CEO Cristiano Amon spoke on the future of mobile in The Wall Street Journal’s Bold Names podcast. He said that artificial intelligence will transform computing from app-based interfaces to AI agents, replacing traditional software interactions between devices. He noted that AI agents will grasp user intent and carry out functions such as payments, reservations, and conversations without the need for applications. He also said that smartphones will remain key while new products such as smart glasses, earphones, and wearables broaden users’ interactions with AI. He pointed out that these devices will coexist with phones, executing tasks through agent-driven systems and changing user contact with digital services.

Amon stated that QUALCOMM Incorporated (NASDAQ:QCOM) provides chips used in smartphones and other devices, adding that “when you touch your smartphone, you have a piece of Qualcomm technology.” He said that the firm concentrates on processors that power mobile devices while seeking to expand beyond smartphones. He said mobile is the company’s major platform and key revenue generator.

QUALCOMM Incorporated (NASDAQ:QCOM) develops and commercializes core technologies and products for mobile devices and other wireless products. It operates in three segments: Qualcomm CDMA Technologies, Qualcomm Technology Licensing, and Qualcomm Strategic Initiatives.

While we acknowledge the potential of QCOM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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