How Schwab Network’s view on $QCOM changed

On this week's edition, we're going to be revisiting Qualcomm. Now, Qualcomm is a global semiconductor, wireless technology, and increasingly becoming an AI computing infrastructure company.

Historically, Qualcomm has best been known for supplying Snapdragon processors, cellular modems to companies like Apple, radio frequency technologies, and wireless connectivity for company's actively trying to transform itself from a handset centered semiconductor company into a broader computing platform, spanning all kinds of devices, including smartphones and personal AI devices, automotive, industrial and consumer IoT devices, robotics, PCs, edge artificial intelligence, and now AI data centers as well.

much-needed news for Qualcomm here. As we can see here, Qualcomm manufactures these chips for Amazon. we spent two years talking about Qualcomm's data center business , and how this company could become a force in this particular field.

we knew Qualcomm needed a few major customers and needed gains like these to prove its worth. Therefore, the ability to reach a deal with a total value of approximately $60 billion in potential business.