Is QUALCOMM (QCOM) One of the Safe Stocks for Beginners to Buy in 2026?

QUALCOMM, Inc. (NASDAQ:QCOM) is one of the safe stocks for beginners to buy in 2026. Reuters reported on June 24 that QUALCOMM Incorporated (NASDAQ:QCOM) expects to generate $15 billion in sales from its data center business by 2029, moving beyond its core smartphone chips. Chief Financial Officer Akash Palkhiwala stated in an investor presentation that the data center business will bring in $5 billion for fiscal 2027, with $1 billion coming from the new custom-chip customers. QUALCOMM Incorporated (NASDAQ:QCOM) also stated that it anticipates $40 billion in revenue ​from chips outside its smartphone stronghold by 2029, which is up from previous estimates of $22 billion. By then, handsets would only make up ​a third of its chip revenue.

In another development, Bloomberg reported on June 22 that according to people familiar with the matter, QUALCOMM, Inc. (NASDAQ:QCOM) is in advanced talks to acquire Modular Inc, the AI infrastructure software company, in a transaction valued at around $4 billion. It further reported that a transaction may be announced as soon as the upcoming week. Bloomberg added that the people asked not to be identified since the information is private.

QUALCOM

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/qualcomm-qcom-one-safe-stocks-183557576.html)