Here is Why Qualcomm (QCOM) is One of the Best Quality Stocks to Buy

1 week ago 7

Maham Fatima

Sun, April 12, 2026 astatine 1:43 PM CDT 2 min read

Qualcomm Inc. (NASDAQ:QCOM) is 1 of the 8 Best Quality Stocks to Buy According to Hedge Funds. Qualcomm Inc. (NASDAQ:QCOM) is 1 of the champion prime stocks to bargain according to hedge funds. On April 10, Reuters reported that Qualcomm and Snap Inc.’s (NYSE:SNAP) astute glasses unit, Specs, announced a multi-year woody to usage Qualcomm chips for upcoming devices. The astute glasses, which are launching aboriginal this year, volition usage the Snapdragon XR processor platform. While the fiscal details were not disclosed, this woody builds connected a years-long narration wherever Qualcomm chips person powered erstwhile generations of Snap’s developer-focused Spectacles.

The woody marks the archetypal large determination for the Specs portion since it was established by Snap successful January. Snap formed a abstracted portion to supply much independency to the squad and to vie with Meta’s Ray-Ban AI astute glasses. The genitor institution has stated that this abstracted portion besides opens up country for outer concern successful the improvement of its astute glasses.

This announcement follows caller unit from activistic capitalist Irenic Capital Management, which disclosed a 2.5% involvement successful Snap’s Class A shares. Last week, the steadfast pushed Snap to chopped costs and either rotation disconnected oregon shutter the Specs unit. Despite this pressure, the caller statement ensures Qualcomm volition supply the processors for Snap’s upcoming AI-powered gadgets.

Qualcomm Inc. (NASDAQ:QCOM) develops and commercializes halfway technologies and products for mobile devices and different wireless products. It operates successful 3 segments: Qualcomm CDMA Technologies, Qualcomm Technology Licensing, and Qualcomm Strategic Initiatives.

Here is Why Qualcomm (QCOM) is One of the Best Quality Stocks to Buy

Snap Inc. (NYSE:SNAP) operates arsenic a exertion institution successful North America, Europe, and internationally. The institution offers Snapchat, which is simply a ocular messaging exertion with assorted tabs, specified arsenic camera, ocular messaging, drawback map, stories, and spotlight.

While we admit the imaginable of QCOM arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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