AI laptop deal sends this AI-picked stock up nearly 20% this month

Investing.com's AI-powered stock picking models uncovered a potential gem this week: Qualcomm, the AI-focused tech giant. Following the unveiling of a Google-qualcomm partnership to release laptop devices powered by Snapdragon X Elite silicon and integrated Gemini AI, the stock shot up a staggering 19.65% since September 1. Qualcomm's shares surged from $165.71 to approximately $198, leaving investors impressed.

Tech titan Marvell Technology also benefited from the optical-interconnect wave, delivering a 24.70% monthly gain and becoming the Strategy's top performer. As chipmakers strive to demonstrate faster data processing capabilities in AI data centers, the market rewards firms capable of presenting tangible hardware advancements. For those interested in exploring the full list of September's AI-powered stock picks, a membership to InvestingPro is required.