Long weighed down by smartphone market stagnation and the impending loss of Apple as a client, Qualcomm is staging a powerful comeback as it transitions to an aggressive offensive in AI data center inference and physical AI.

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This Billionaire Dumped Cloud Stocks for These New AI Stocks. Should Investors Follow Suit?

ZivFin Analysis2026.05.24

Philippe Laffont was busy buying Taiwan Semiconductor Manufacturing Company and ASML Holding stock in the first three months of the year.