Forget Nvidia: Here's 1 Other Semiconductor Stock to Buy Instead
QCOMQualcomm(QCOM) The Motley Fool·2024-05-13 02:17

Nvidia dominates the semiconductor realm, but one of its rivals is quietly gaining some momentum. Semiconductors are a core pillar in the emerging artificial intelligence (AI) revolution. Yet the chip space is largely dominated by just two players: Nvidia and Advanced Micro Devices. However, other companies are beginning to make inroads in the industry as well. Qualcomm (QCOM 0.85%) has spent the last several months instituting new cost reduction policies while simultaneously combatting its larger cohorts i ...