Qualcomm's $23.19 Billion Trading Day Lands 37th in Rankings Amid AI Expansion

On April 3, 2025, Qualcomm's trading volume reached $23.19 billion, marking an 180.71% increase from the previous day, placing it 37th in the day's stock market rankings. Qualcomm's stock price fell by 9.51%.

Qualcomm has recently expanded its AI capabilities through strategic acquisitions. The company announced the acquisition of MovianAI, the generative AI division of VinAI, a prominent Vietnam-based AI company. This move is part of Qualcomm's broader strategy to enhance its AI infrastructure portfolio, which includes an AI accelerator for model development.

In March, Qualcomm agreed to acquire EdgeImpulse Inc to enhance its offering for developers and expand its leadership in AI capabilities, powering AI-enabled solutions across various industries. This acquisition is expected to accelerate the development of innovative AI solutions that can transform the way we live and work.

Qualcomm's acquisition of VinAI's generative AI division underscores its commitment to dedicating resources to R&D that drives AI innovation. The integration of VinAI's advanced GenAI research and development capabilities with Qualcomm's extensive R&D will expand its ability to drive extraordinary inventions. This acquisition brings in high-calibre talent from VinAI, strengthening Qualcomm's ability to deliver cutting-edge AI solutions that will benefit a wide range of industries and consumers.