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Qualcomm Partners with Saudi Arabia’s HUMAIN to Build AI Infrastructure Hub
Yahoo Finance· 2025-10-30 21:56
Qualcomm Incorporated (NASDAQ:QCOM) is one of the most undervalued large cap stocks to buy right now. On October 27, HUMAIN, which is a PIF company, and Qualcomm announced a transformative collaboration to deploy advanced AI infrastructure in Saudi Arabia. The initiative aims to establish the Kingdom as a global hub for AI. The program will offer global AI inferencing services and is touted as the world’s first fully optimized edge-to-cloud hybrid AI solution. HUMAIN is targeting the deployment of 200 meg ...
Qualcomm (QCOM) Soars to Fresh High on New AI Deal in Saudi
Yahoo Finance· 2025-10-28 17:26
We recently published 10 Big Names Crushing Wall Street. Qualcomm Inc. (NASDAQ:QCOM) is one of the top-performing stocks on Monday. Qualcomm shares propelled to a new all-time high on Monday, as investors took heart from a partnership with a Riyadh-based startup to support the development of artificial intelligence (AI) in Saudi Arabia. During the session, Qualcomm Inc. (NASDAQ:QCOM) surged to as high as $205.55, or a 21.67 percent jump, before paring gains to end the day just up by 11.09 percent at $187 ...