Qualcomm Launches AI R&D Center in Vietnam to Advance Generative, Agentic AI Solutions

Qualcomm Incorporated (NASDAQ:QCOM) is one of the 11 most profitable NASDAQ stocks to buy now. On June 10, the US chipmaker Qualcomm announced the launch of a new AI research and development center in Vietnam. This strategic move aligns with Vietnam’s national strategies for AI, semiconductor development, and digital transformation.

The R&D center will focus on advancing generative and agentic AI solutions. Researchers at the facility will concentrate on developing AI technologies across a broad range of applications, such as smartphones, personal computers, XR (extended reality), automotive systems, and IoT devices.

Qualcomm’s initiative in Vietnam emphasizes several key areas, which include transferring technology, fostering ecosystem collaboration, and building local capacity in the AI & semiconductor sectors. On the same day, Vietnam’s top leader To Lam met with Qualcomm’s President of Global Affairs, Alex Rogers, in Hanoi. During their meeting, To Lam encouraged Qualcomm to continue expanding its operations within the country.

Qualcomm Incorporated (NASDAQ:QCOM) develops and commercializes foundational technologies for the wireless industry worldwide. It operates through 3 segments: Qualcomm CDMA Technologies/QCT, Qualcomm Technology Licensing/QTL, and Qualcomm Strategic Initiatives/QSI.

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