5 Best NASDAQ Stocks to Invest In For Long Term

In this article, we will list the 5 Best NASDAQ Stocks to Invest In For Long Term. Please visit 10 Best NASDAQ Stocks to Invest In For Long Term to see the extended list and the methodology behind it.

5. Qualcomm Inc. (NASDAQ:QCOM)

Number of Hedge Fund Holders: 71

Qualcomm Inc. (NASDAQ:QCOM) is one of the best NASDAQ stocks to invest in for long term. On June 25, Qualcomm and Hugging Face announced an expanded partnership to accelerate open, developer-driven AI across the entire compute continuum, from edge devices to data center infrastructure. The collaboration aims to unite Qualcomm’s high-performance hardware with Hugging Face’s massive model ecosystem and developer tools to streamline the deployment of agentic AI.

The initiative focuses on three core pillars: integrating Hugging Face workloads onto Qualcomm’s Dragonfly data center solutions, automating the onboarding and deployment of models across devices, and developing a Hugging Face agent to orchestrate hybrid AI workloads. By automating setup and optimization, the companies plan to reduce manual integration efforts, allowing developers to move AI applications from experimentation to production with a single, seamless workflow.

This partnership is designed to provide 16 million developers with the tools to build scalable, hybrid AI solutions that dynamically balance performance, cost, and latency. By enabling models to operate fluidly between local devices and the cloud, the collaboration seeks to make advanced AI more accessible while empowering developers to deploy sophisticated, privacy-conscious applications on Qualcomm Inc. (NASDAQ:QCOM)-powered hardware.

Qualcomm Inc. (NASDAQ:QCOM) develops and commercializes core technologies and products for mobile devices and other wireless products. It operates in three segments: Qualcomm CDMA Technologies, Qualcomm Technology Licensing, and Qualcomm Strategic Initiatives.