Key Points Qualcomm has underperformed the broader semiconductor sector over the past five years, but its fortunes could change. The company's entry into the AI chip market and the growth of the non-handset business will be tailwinds for the stock. Now seems like a good time for savvy investors to get into Qualcomm before it surges higher. 10 stocks we like better than Qualcomm › The past five years have been painful for Qualcomm (NASDAQ: QCOM) investors. The company's dependence on the smartphone market for a significant chunk of revenue has weighed on the stock during this period. Qualcomm stock has appreciated just 47% over the past five years, underperforming the broader semiconductor sector.
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