Qualcomm, Inc. QCOM announced the Qualcomm Artificial Intelligence (AI) Program for Innovators in Asia Pacific (APAC) (QAIPI) 2025. This is a new initiative that will empower developers and startups in Japan, Singapore, and South Korea. The program focuses on creating cutting-edge on-device AI solutions across mobile, computing, and Internet of Things (IoT) domains.
QAIPI will provide participants with exclusive resources, mentorship, and training to accelerate the development of end-to-end AI applications using advanced Qualcomm technologies and the Qualcomm AI Hub ecosystem. Qualcomm AI Hub allows developers to optimize AI models, analyze performance metrics, and deploy optimized AI models to applications. The platform enables seamless AI integration across various domains, including personalized mobile experiences, real-time IoT solutions, and intelligent computing.
Applications for QAIPI 2025 are being accepted until April 15, 2025, and the program is divided into two phases. Phase 1 will focus on developing and optimizing edge AI models using Qualcomm AI Hub, and Phase 2, running from May to October 2025, will focus on end-to-end use on Qualcomm hardware. We will support shortlisted startups in case development.
Participants will receive a variety of incentives, including online training and digital badges for developers. Startups selected in Phase 2 will receive six months of mentorship, Qualcomm hardware access, a $5,000 participation stipend, and up to $5,000 in patent application fees. Shortlisted startups will showcase their innovations to industry leaders, investors, and collaborators at a virtual demo day in Q4 2025.
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This initiative highlights Qualcomm’s commitment to advancing the AI ecosystem in APAC and empowering innovators to redefine industries through on-device AI solutions.
Management highlighted the company’s commitment to driving energy-efficient and scalable AI innovations that address local and global needs. This program provides innovators with superior tools and knowledge to develop sustainable AI-powered technologies.
Qualcomm is benefiting from investments in building out its licensing program in mobile as the rollout of 5G technology accelerates. The company is well-positioned to meet its long-term revenue goals with solid 5G traction, increased awareness, and diversification of revenue sources. The company is increasingly focused on a seamless transition from a wireless carrier for the mobile industry to a connected processor company for the intelligent edge. This is expected to increase the total addressable market to approximately $900 billion by 2030.
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The company is also focused on maintaining its leadership in the 5G chipset market and mobile connectivity with several technological achievements and innovative product launches. Low power, resilient multi-gigabit connectivity, unprecedented coverage, and best-in-class security provide the flexibility and scalability needed for widespread and fast 5G deployment. This could attract users and facilitate a seamless transition to ultra-fast 5G networks, while also accelerating commercialization by original equipment manufacturers. Qualcomm is the only chipset vendor with 5G system-level solutions spanning both sub-6 and mmWave bands, and the largest RF ( Radio Frequency) is reportedly one of the front-end suppliers.
Qualcomm expects GAAP revenue to be between $10.5 billion and $11.3 billion in the first quarter of 2025 due to market stabilization, recovery in market demand and portfolio strength. Non-GAAP earnings are expected to be between $2.85 and $3.05 per share, and GAAP earnings are expected to be between $2.39 and $2.59 per share.
Qualcomm currently carries a Zacks Rank #2 (Buy). The company’s stock has increased 9.3% over the past year, compared to the industry’s growth rate of 27.3%.
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Other top stocks in the broader technology space include InterDigital, Inc. IDCC, Ubiquiti Inc. UI, and Workday, Inc. WDAY. IDCC and UI currently each sport a Zacks Rank #1 (Strong Buy), while WDAY carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for InterDigital’s 2024 earnings per share (EPS) has been pegged at $15.22, unchanged over the past 30 days. IDCC’s earnings exceeded the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 163.7%. The company’s long-term profit growth rate is 15%. The company’s stock price has increased 65.5% in the past six months.
The Zacks Consensus Estimate for Ubiquiti’s fiscal 2025 EPS is pegged at $7.30. In its last reported quarter, Ubiquiti delivered an impressive return of 20.9%. The company’s stock price has increased 144.6% over the past year.
The Zacks Consensus Estimate for Workday’s fiscal 2025 EPS is pegged at $7.13. In the last reported quarter, WDAY delivered an impressive return of 9.88%. The company’s long-term profit growth rate is 21%. The company’s stock price has increased 20.4% in the past six months.
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Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.
