Jim Cramer Says “QUALCOMM Was Considered More of a Niche Cell Phone Play, and No Longer”
Key takeaways
- Cramer highlighted the company’s latest deal with a hyperscaler, as he said:
- They just landed a big account with a hyperscaler.
- QUALCOMM Incorporated (NASDAQ:QCOM) supplies wireless technologies, chips, and software for mobile, automotive, and IoT applications.
Jim Cramer Says “QUALCOMM Was Considered More of a Niche Cell Phone Play, and No Longer” Syeda Seirut Javed Sun, May 3, 2026 at 10:51 PM GMT+7 1 min read QCOM QUALCOMM Incorporated (NASDAQ:QCOM) was among the stocks Jim Cramer highlighted, as he discussed the massive AI infrastructure buildout. Cramer highlighted the company’s latest deal with a hyperscaler, as he said:
QUALCOMM, okay, this one was up 15% today. It had been an out-of-favor semi. Now, it’s in favor. They just landed a big account with a hyperscaler. We don’t know which one, but we do know that QUALCOMM was considered more of a niche cell phone play, and no longer.
QUALCOMM Incorporated (NASDAQ:QCOM) supplies wireless technologies, chips, and software for mobile, automotive, and IoT applications. During the April 7 episode, a caller asked whether the stock was a good buy at the level it was at the time, and Cramer replied: