10 Stocks Jim Cramer Discussed As He Revealed How Canada Has Harmed The US

3. QUALCOMM Incorporated (NASDAQ:QCOM)

Number of Hedge Fund Holders In Q1 2025: 82

QUALCOMM Incorporated (NASDAQ:QCOM) is one of the biggest chip design companies in the world. The firm holds a commanding market share in the Android smartphone processor and GPU market. QUALCOMM Incorporated (NASDAQ:QCOM)’s shares depend to a large extent on Chinese smartphone performance and have gained a modest 6.3% year-to-date. In his remarks, Cramer discussed the firm’s shares in the context of the broader AI-led bullishness in semiconductor stocks:

“It’s the AI-related chips that are on fire today. . .Qualcomm. . .moving up again. . .Let’s again speak of the stock market rather than Sweden’s gonna do, what’s happening in Sweden. The stock market is reacting incredibly positively to stuff and there are people who don’t want to react to it or think that somehow those points aren’t valuable. I think they’re crazy. We’re having a good rally.”

Cramer previously discussed QUALCOMM Incorporated (NASDAQ:QCOM) in February after an interview given by the firm’s CEO:

“I did not find Qualcomm disconcerting because it was interviewed, he was interviewed with Jon Fortt and he’s a bit promotional but I do think he’s gotten what he needs.”