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The San Diego, California-based Qualcomm Incorporated (QCOM) has entered 2026 as a diversified artificial intelligence (AI) semiconductor player and not just a handset company. It develops and commercializes wireless technologies such as 3G/4G/5G connectivity, high-performance low-power computing, and on-device AI.
Commanding a market cap of approximately $163.5 billion, it supplies semiconductors and software for mobile devices, automotive systems, Internet of Things (IoT), consumer electronics, industrial uses, and edge networking, alongside licensing essential wireless patents.