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You are at:Home»Technology»QUALCOMM Incorporated (QCOM) Wins Key Legal Battle Over Nuvia Technology Licensing
Technology

QUALCOMM Incorporated (QCOM) Wins Key Legal Battle Over Nuvia Technology Licensing

December 25, 2024004 Mins Read
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We recently published a list of 12 AI News and Ratings Investors Are Watching Right Now. In this article, we’ll take a look at where QUALCOMM Incorporated (NASDAQ: QCOM) stacks up to other AI news and ratings that investors are currently watching.

At CNBC “Money Engines”Jack Hidary, CEO of Sandbox AQ, highlighted the move towards B2B-focused AI, positioning it as the next major evolution in artificial intelligence. While language models such as those from OpenAI have excelled in consumer applications, Hidary highlighted the untapped potential of quantitative AI (QAI) to drive innovation in industries such as pharmaceuticals, automotive and energy. QAI uses fundamental equations to generate new data, helping to advance the development of drugs, materials for energy storage and aerospace.

Hidary emphasized that large quantitative models are set to transform product development by creating significant economic value, unlike large linguistic models, which primarily reduce operational costs. He predicts that in 2025 and beyond, there will be an increasing focus on the role of AI in addressing critical challenges in B2B sectors, from building better batteries to accelerating medical breakthroughs. This development highlights a future where AI will surpass text-based applications and become the cornerstone of innovation across various industries.

ALSO READ: 10 news stories about AI dominating Wall Street today And 11 Important AI News and Ratings for Investors.

According to a McKinsey report, A Future Without Constraints: How Generative AI Could Reshape B2B SalesGenAI transforms B2B sales by improving efficiency, driving growth, and reshaping sales operations. While the core role of sellers, including building trust, creating value, and minimizing friction, remains unchanged, generative AI enables productivity gains through automation, personalized insights, and strategic advice.

Businesses that adopt these tools report improved customer experiences, faster sales processes, and new growth opportunities. In the future, AI integration is expected to redefine sales models, with a focus on customer outcomes, long-term success, and collaboration between human and AI-driven agents . To adapt, businesses must adopt agile strategies, invest in AI-driven capabilities, and align their business approaches with evolving customer expectations.

For this article, we selected AI stocks by looking through news articles, stock analyses, and press releases. We’ve listed stocks in ascending order of their hedge fund sentiment, taken from the Insider Monkey database of 900 hedge funds.

Why are we interested in stocks that hedge funds are piling into? The reason is simple: our research has shown that we can outperform the market by imitating the stocks selected by the best hedge funds. Our quarterly newsletter strategy selects 14 small- and large-cap stocks each quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

QUALCOMM Incorporated (QCOM) Wins Key Legal Battle Over Nuvia Technology Licensing
QUALCOMM Incorporated (QCOM) Wins Key Legal Battle Over Nuvia Technology Licensing

A technician testing the latest 5G device, demonstrating the company’s commitment to innovation.

Number of hedge fund holders: 74

QUALCOMM Incorporated (NASDAQ: QCOM) focuses on the development of wireless communication technologies and invests in AI, 5G and IoT across various industries.

Reuters reported on December 20 that a U.S. jury ruled that Qualcomm’s central processors were properly licensed under its deal with Arm Holdings, allowing Qualcomm to continue selling chips created using Nuvia technology, essential to its expansion into the laptop market. However, the jury could not decide whether Nuvia had violated its license with Arm, leading to a mistrial on that issue. While Qualcomm claimed the verdict supported its innovation rights, Arm expressed disappointment and plans to seek a new trial.

The case centered on royalty rates, with Arm claiming that Nuvia’s custom base designs violated its terms. For now, Qualcomm can develop its AI-focused laptop chips, a market also targeted by its competitors, the report said. The company said:

“The jury upheld Qualcomm’s right to innovate and affirmed that all Qualcomm products at issue in the case are protected by Qualcomm’s contract with Arm.”

Overall, QCOM ranks 7th on our list of AI news and ratings investors are watching right now. While we recognize the potential of QCOM as an investment, our conviction lies in the belief that AI stocks have more promise in terms of higher returns and in a shorter time frame. If you’re looking for an AI stock that’s more promising than QCOM but is trading at less than 5x earnings, check out our report on cheapest AI stock.

READ NEXT: 8 Best Wide Fluke Stocks to Buy Now And 30 Most Important AI Stocks According to BlackRock

Disclosure: None. This article was originally published on Initiated Monkey.

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