1 Incredible Reason to Buy Qualcomm Stock Right Now

Qualcomm stock has declined 14% year-to-date, offering a 2.5% forward dividend yield with significant upside potential. The company is targeting $40 billion in non-handset revenue by 2029, including $15 billion from data center operations, while shifting its business model toward AI infrastructure. The dividend is well-covered with only 36% of free cash flow allocated to payouts, leaving substantial resources for growth initiatives.