QCOM

The article discusses two tech-focused ETFs that offer exposure beyond the traditional tech sector. The iShares Semiconductor ETF provides a basket approach to semiconductor stocks, while the iShares Expanded Tech Sector ETF includes technology-related companies from other sectors.

Qualcomm's stock has seen massive growth since its IPO 33 years ago, with a $1,000 investment then worth $450,000 today. The company's continuous innovations in chips for cellphones and its central role in the communications industry have driven this success.

The global location intelligence market is expected to grow from $18.99 billion in 2023 to $85.60 billion by 2033, driven by the increasing adoption of advanced technologies like AI, ML, and predictive analytics across various sectors.

Despite the boom in AI stocks, there are still several undervalued AI stocks that investors can buy today, according to Fool.com contributor Parkev Tatevosian.

Nvidia's stock has seen a meteoric rise, but the company's valuation has become detached from its fundamentals. Investors should avoid the stock for the remainder of 2024 due to its likely overvaluation and a momentum shift, despite the company's technical lead and long-term potential.