Jim Cramer Isn’t Certain Whether QUALCOMM Incorporated (QCOM) Won’t Suffer From Trump’s Chip Tariffs

We recently published 10 Stocks On Jim Cramer’s Radar Including Big Tech Firms. QUALCOMM Incorporated (NASDAQ:QCOM) is one of the stocks Jim Cramer recently discussed.

QUALCOMM Incorporated (NASDAQ:QCOM) is a chip design company that sells products used in smartphones and notebooks. It is one of the largest firms of its kind, as its chips are used in a large portion of the world’s Android smartphones. QUALCOMM Incorporated (NASDAQ:QCOM)’s shares have lost 4% year-to-date as investors are worried about Apple shifting away from its modems to custom products. Wall Street is also worried about the impact of tariffs, and Cramer commented on QUALCOMM Incorporated (NASDAQ:QCOM) in the context of President Trump’s latest chip tariffs:

“But, I think that all of these companies you’re seeing there. . .yeah they got exposure. . .Qualcomm we’re not clear.”

Previously, the CNBC TV host discussed QUALCOMM Incorporated (NASDAQ:QCOM)’s CEO, Cristiano Amon:

“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.”

While we acknowledge the risk and potential of QCOM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than QCOM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.