Jensen Huang Just Told Investors to Buy This Under-the-Radar Artificial Intelligence (AI) Chip Stock (Hint: It’s Not Marvell) During a recent visit to Seoul, South Korea, Nvidia (NASDAQ: NVDA) CEO Jensen Huang openly praised another artificial intelligence (AI) semiconductor…
ock: Qualcomm (NASDAQ: QCOM). Huang acknowledged Qualcomm’s success in mobile devices and AI-enabled smartphones, even telling investors to buy Qualcomm stock
This endorsement comes at a pivotal time, as the AI infrastructure boom accelerates demand for specialized chips across data centers, personal devices, and vehicles. Huang’s comments quietly highlight deeper strategic differences between Nvidia and the competitive landscape: Not every pocket of the AI realm requires Nvidia’s high-performance GPUs. Let’s dive into what makes Qualcomm unique and assess whether the stock is a good buy right now, as Huang suggests.
Why does Jensen Huang like Qualcomm? Huang notes that Nvidia’s bread and butter is in accelerated computing for data centers, robotics, and AI infrastructure. However, he acknowledges that Nvidia lacks the same competitive advantages in edge devices — mobile phones and consumer electronics.