Discussion on Qualcomm's Potential and Caution with Semiconductor Stocks

This chapter explores the current state and potential of Qualcomm, highlighting its bottoming in handsets and diversification in IoT and autos. It also discusses the company's positive growth, cheap valuation compared to other semiconductor stocks, and the advantage of its partnership with Foxconn for manufacturing Apple phones. However, caution is expressed regarding potential earnings growth deceleration in the semiconductor industry and a slowing economy.