Why is Qualcomm considered a top electric vehicle stock?

Due to its partnership with QCraft and development of autonomous driving solutions like Navigate-on-Autopilot, strengthening its presence in the EV and autonomous vehicle market.

What is the Navigate-on-Autopilot solution?

It is an urban autonomous driving system running on Qualcomm's SA8650P platform, demonstrated in production vehicles in June 2026.

Qualcomm Among Best Electric and Autonomous Driving Stocks

Qualcomm has been ranked among the top 10 electric and autonomous driving stocks by hedge funds. The company recently showcased its urban Navigate-on-Autopilot solution with QCraft in SA8650P-equipped production vehicles.

June 19, 2026

1 min read

Source: Insider Monkey

Qualcomm Inc. (NASDAQ:QCOM) has been named one of the 10 best electric and autonomous driving stocks to buy according to hedge funds, as reported by Insider Monkey. The optimism is backed by Qualcomm's ongoing engagement with QCraft.

Details

On June 5, 2026, Qualcomm and QCraft demonstrated their urban Navigate-on-Autopilot solution in production vehicles equipped with the SA8650P platform during the 2026 Qualcomm event. This showcases Qualcomm's competitiveness in the autonomous driving market.

Context

Qualcomm is increasingly investing in the electric and autonomous vehicle sectors, providing computing and connectivity platforms for modern cars. The partnership with QCraft is seen as a strategic move to strengthen its position.

What This Means for Investors

Being listed among the top stocks in this sector reflects hedge funds' confidence in Qualcomm's growth potential. However, investors should monitor competitive and regulatory developments in the autonomous vehicle market.

Frequently Asked Questions

Qualcomm (QCOM) is a leading American technology company specializing in chip design and communications, serving smartphones, automotive, and IoT sectors.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.