Viasat showcased the first automotive satellite voice call demonstration integrated into a BMW Group vehicle at the 5G Automotive Association Meeting in Munich. The technology, utilizing Qualcomm's Snapdragon Auto 5G Modem and Fraunhofer IIS NESC AI voice codec, enables voice and messaging connectivity via NB-IoT protocol over Viasat's L-band satellite network in areas with limited cellular coverage.

The global Industrial Semiconductor Market, valued at $98.35 billion in 2025, is expected to grow to $329.73 billion by 2035 at a CAGR of 12.86%. Growth is driven by AI-powered industrial automation, electric vehicles, smart manufacturing, and IoT technologies. Asia Pacific leads with 42% market share, while North America and Europe show strong growth trajectories.

The global data center chip market, valued at $22.50 billion in 2025, is expected to reach $56.80 billion by 2035, growing at a CAGR of 9.70%. Growth is driven by generative AI workload demand, hyperscaler capital expenditure commitments of $300 billion in 2025, and enterprise AI adoption. GPUs are expected to register the highest growth rate, while large hyperscale data centers dominate with 68.04% market share. North America leads globally with 35.73% market share, while Europe and Asia-Pacific show strong growth trajectories.

The article presents five stock recommendations for investors with higher risk tolerance seeking potential multibagger returns over a 5-year period. The stocks mentioned include companies in AI semiconductors, advertising technology, and automation sectors.

The article compares two semiconductor industry leaders positioned to benefit from AI growth. Applied Materials manufactures chip-making equipment with strong margins (24.7%) but faces export control risks and higher valuation multiples. Amkor Technology provides assembly and testing services with lower valuation metrics but concentrated customer risk. The author recommends Amkor as the better value despite acknowledging both companies are ideal investments given their critical roles in the AI ecosystem.

Semiconductor stocks are experiencing strong growth driven by agentic AI proliferation. The article highlights five semiconductor companies as investment opportunities, with undervalued opportunities still available in the sector despite recent gains.

The global Edge AI Semiconductor Market was valued at $25.36 billion in 2025 and is projected to reach $151.30 billion by 2035, growing at a CAGR of 19.57%. Growth is driven by rising adoption of edge AI computing across consumer electronics, automotive, industrial IoT, and healthcare sectors. North America leads with 39% market share, while Asia Pacific is expected to experience the highest growth rate.

The global Power Line Communication (PLC) market, valued at USD 10.32 billion in 2025, is expected to grow to USD 27.28 billion by 2035 at a 10.23% CAGR. Growth is driven by smart grid modernization, digital utility infrastructure expansion, and increasing adoption of IoT-based smart homes and building automation. Asia Pacific leads with 34.60% market share, while North America remains significant due to advanced utility infrastructure and grid modernization efforts.

Qualcomm has signed major deals with three hyperscalers and expects its data center chip business to grow from nearly zero to $15 billion by 2029. The company projects $5 billion in data center revenue by fiscal 2027 and expects EPS to climb to over $18 by 2029, representing 18% annualized growth. Trading at less than 18 times forward earnings, the stock appears undervalued relative to its growth prospects.

SanDisk (SNDK) has experienced extreme volatility over a 10-day period in late June 2026, with sharp declines followed by strong rebounds. Despite drops of 20%, 18%, and 10%, the stock has bounced back with 24% and 19% gains, signaling strong underlying demand from buyers. Analysts remain constructive, with Bank of America raising its price target to $2,500, citing expectations that NAND supply-demand imbalances will persist through 2027. The pattern suggests bulls remain in control despite broader tech sector weakness.

The 5G Non-Terrestrial Network (NTN) market is projected to grow from USD 11.91 billion in 2026 to USD 45.55 billion by 2031, at a CAGR of 30.8%. The hardware segment dominates the market, while LEO satellite platforms show the highest growth rate. North America leads the market, driven by companies like SpaceX and Qualcomm, with Asia Pacific emerging as the fastest-growing region.

As AI inference workloads shift to become the dominant computational workload in data centers, Qualcomm is positioned to capitalize on this trend with its inference-focused chips and attractive valuation. The company projects $15 billion in data center revenue by fiscal 2029 and has secured Meta as a key customer with multi-generation agreements. With earnings expected to grow at 18.5% annually and trading at just 17x forward earnings, Qualcomm stock could potentially reach $473 by fiscal 2029, representing 150% upside.