Prediction: A $1,000 Investment in Qualcomm Today Could Be Worth This Much by 2030 as AI Moves to the Edge

Qualcomm signed two new data center AI chip customers this fall, Amazon in a deal worth up to $60 billion and ByteDance for custom AI chips. Its automotive business grew 61% last quarter, and its new Snapdragon 8 Elite Gen 6 chips are built around AI running directly on phones.