Qcom to the moon

that apple event might be the best thing thats ever happened to qualcomm and nobody is saying it out loud. heres the unfiltered bull case for why QCOM is about to print. A love story, a tail of tail a quantmagedon of upside… buy now or forever hold your bags

first the upgrade wave. apple basically went on stage and told the whole planet that if your phone dosnt have the new AI chip and a fat stack of ram its a brick that cant run there new software. they just made a billion phones feel obsolete overnight. but heres the kicker, apple cant sell chips to anybody else. so when samsung and xiaomi and moto come sprinting out with there competing phones the next couple months they got no choice but to pay qualcomm up for the high end snapdragon elite brains to keep pace. thats the most expensive highest margin silicon qualcomm makes and the entire android world is about to get force fed it.

then theres the ram wall. to run AI on the actual device without melting it or killing the battery in 2 hours you need real hardware. 8gb is dead. your talking 12 to 16 minimum now. and guess who already builds the most power efficient chips for exactly that. qualcomm. so every phone maker gets shoved up market into the pricey parts whether they wanted to or not.

now the part nobody talks about, meta. everyone hears hyperscaler and thinks cloud, aws azure whatever. wrong. meta is turning into a consumer hardware hyperscaler and there doing the whole thing on qualcomms back. they dont wanna build silicon from scratch like apple, they just want llama on every face and in every pocket on earth. the rayban glasses and the new AR display line run on snapdragon AR chips and metas pushing there own optimization straight into qualcomms AI hub. theyre gonna ship tens of millions of these things and qualcomm collects a toll on every single pair. id put the odds qualcomm stays metas exclusive arms dealer for this north of 90%.

Meta also has a massive $$$$ data center deal coming for release on QCOM investor days. That’s on top of the other data center deals QCOM has been craning out. With the META stamp of approval and massive $ windfall from the deal the stock will re rate to peer multiples (Broadcom etc.) that’s huge hulk diznick on investor days. We’re talking Dell cherry popping number on the re rate alone…

Not to mention Qualcomm on the open ai device… mediatek flopped on the design collab is the rumor on the street…

and the street is finally waking up. jpmorgan just yanked there price target to 265 from 160 and threw a positive catalyst watch on it going into the investor day on june 24. there technically still neutral but a target jump like that tells you exactly where there heads at. and there not even leaning on phones for it, there modeling qualcomm muscling into data center, like 3 billion in data center revenue by fy27 and 35 billion by 2031. thats basically a whole second company nobody has in there model yet and its way low on the Meta whisper numbers and the pace Qualcomm is inking AI deals for data centers that they don’t disclose until investor day.

and the valuation is the dumbest part of all of it. the market is still pricing qualcomm like a sleepy handset company while it hands arm 100x pe and broadcom 30 plus pe for the same AI story. Qualcomm is at 23 pe…

and the bear takes is bs. "apple is building there own chips" ok and they still cant touch the other 80 plus percent of the global phone market, qualcomm owns that. Edge phone ai is coming with meta and google are literally tuning there models for snapdragon, that locks rivals out not in. Qualcomm is feasting on data center contracts right now as suppliers look to diversify… edge ai on phones is hear…. Their leading on wearables automotive and robots… it’s a giant green hulk stick to the moon from here… grab your lube and take a ride