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Barchart
Nauman Khan

Your Smartphone Could Soon Be an AI Agent, and Qualcomm Stock Is Positioned to Profit Big

Qualcomm Apple Memory QCOM Barclays

Semiconductor stocks are not in an easy environment right now. A global memory shortage has squeezed smartphone production, analysts have been slashing targets, and investors have been running scared from anything with handset exposure. 

Now, Qualcomm (QCOM) is suddenly in the spotlight for a very different reason. TF International Securities analyst Ming-Chi Kuo says OpenAI is working with Qualcomm and MediaTek to develop processors for an AI agent smartphone. This would be a phone with no apps, where AI agents do everything for you. 

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