AI & Enterprise
Qualcomm shares up 75 percent in a month, emerges as a leader in physical AI
Qualcomm shares jumped 12 percent on May 22 to a record high and are up 75 percent over the past month, CNBC reported. The move reflects Wall Street’s recognition of Qualcomm’s position in the physical AI boom, it said. CNBC said Qualcomm is cementing its role as a key chip supplier for connected devices such as smart glasses, cars and robots. It also cited partnerships and contracts spanning automakers, and plans for data-centre chips.
