QCOM

QCOM is expanding its smartphone reach with Snapdragon platforms, AI capabilities and power-efficient chips for next-generation devices.

Jim Cramer is putting semiconductors back on the marquee. The CNBC host teed up an Investing Club call focused on semis for Thursday, Aug.

After a steep July sell-off, investors are chipping in again.

Jim Cramer is hosting a semiconductor-focused CNBC Investing Club call Thursday at noon.

Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) has spent most of 2026 fighting a narrative that its handset business is a slow leak.

Qualcomm (NASDAQ:QCOM | QCOM Price Prediction) shares have seemingly been watching the semiconductor ascent from the sidelines in these past few years, gaining just over 9% in the past five years.

INTC's stronger 2026 growth outlook, AI PC momentum and price gains outweigh its premium valuation, making it the better chip pick than QCOM.

MU and semiconductor sales surge as AI demand supports chip growth, with four stocks highlighted for potential upside.

QUALCOMM is rated a Buy after a 45% pullback, offering an attractive risk-reward profile despite near-term headwinds. QCOM's Handsets segment declined 20% YoY, but Automotive (+61% YoY) and IoT (+9% YoY) are driving non-handset growth. Management targets accelerated non-handset revenue growth, with ambitious expansion into data centers, AI, and automotive markets.

MRVL, AMD and MU rallied as AI optimism, earnings anticipation and strong memory demand powered a semiconductor surge that helped lift the S&P 500 to a record high.