---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41967497.md"
description: "$Qualcomm(QCOM.US)Mark this: Qualcomm's current PE is about 23x, and the market still mainly values it as a "mobile chip old stock." However, if data center custom silicon, edge AI, and physical AI gradually materialize, it might shift from a mobile chip valuation to an AI platform valuation.Compared to AMD, Qualcomm is not directly challenging NVIDIA's GPUs head-on but is taking a differentiated route focusing on low-power inference, on-device AI, custom chips, and edge-to-data-center. AMD has already been revalued as the second AI platform, while Qualcomm's AI optionality may not yet be fully priced in."
datetime: "2026-06-17T17:53:52.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41967497.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41967497.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41967497.md)
author: "[WA2](https://longbridge.com/en/profiles/11328884.md)"
---

# $Qualcomm(QCOM.US)Mark this: Qualcomm's current PE…


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