AAPL $345.17 +0.40% ▲ ACN $243.89 +2.00% ▲ ADBE $260.59 +2.55% ▲ ADEA $21.79 -1.28% ▼ ADIG $16.63 +0.46% ▲ ADP $298.98 +1.52% ▲ ADSK $249.07 +1.95% ▲ AEHR $59.94 -2.83% ▼ AEVA $10.19 -3.00% ▼ AGYS $119.05 +2.61% ▲ AI $11.89 +1.11% ▲ AIP $19.84 -5.34% ▼ ALAB $277.27 -1.68% ▼ ALKT $15.27 +1.13% ▲ ALNT $91.35 -6.27% ▼ AMBA $65.17 +0.34% ▲ AMBQ $50.01 -3.73% ▼ AMD $528.17 -2.28% ▼ AMPL $16.45 +1.08% ▲ AMZN $253.96 -2.85% ▼ ANET $178.29 -2.44% ▼ AOSL $22.97 -3.65% ▼ APLD $20.25 -1.87% ▼ APP $270.13 +1.55% ▲ APPN $50.26 +3.79% ▲ APPS $10.51 +1.55% ▲ ARM $217.31 -2.29% ▼ ARRY $3.33 -2.49% ▼ ARW $210.60 -3.88% ▼ ASML $1,625.32 -1.50% ▼ AAPL $345.17 +0.40% ▲ ACN $243.89 +2.00% ▲ ADBE $260.59 +2.55% ▲ ADEA $21.79 -1.28% ▼ ADIG $16.63 +0.46% ▲ ADP $298.98 +1.52% ▲ ADSK $249.07 +1.95% ▲ AEHR $59.94 -2.83% ▼ AEVA $10.19 -3.00% ▼ AGYS $119.05 +2.61% ▲ AI $11.89 +1.11% ▲ AIP $19.84 -5.34% ▼ ALAB $277.27 -1.68% ▼ ALKT $15.27 +1.13% ▲ ALNT $91.35 -6.27% ▼ AMBA $65.17 +0.34% ▲ AMBQ $50.01 -3.73% ▼ AMD $528.17 -2.28% ▼ AMPL $16.45 +1.08% ▲ AMZN $253.96 -2.85% ▼ ANET $178.29 -2.44% ▼ AOSL $22.97 -3.65% ▼ APLD $20.25 -1.87% ▼ APP $270.13 +1.55% ▲ APPN $50.26 +3.79% ▲ APPS $10.51 +1.55% ▲ ARM $217.31 -2.29% ▼ ARRY $3.33 -2.49% ▼ ARW $210.60 -3.88% ▼ ASML $1,625.32 -1.50% ▼

Qualcomm’s AI Infrastructure Pivot Is Underappreciated

October 6, 2026 · by TPW Pipeline

Qualcomm (NASDAQ: QCOM) is positioning itself for a major comeback in 2027, but most investors aren’t taking it seriously. The stock is only up by 8% year to date.

The company’s pivot into AI infrastructure is a major catalyst that suddenly makes the stock’s 23 P/E ratio look like a bargain, and its established connections with other players in the tech sector give it a tremendous starting point.

Image source: Getty Images.

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Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.