Qualcomm Is 'Biggest Beneficiary' For Smart Glasses—Powering Designs For Meta, Oakley, Ray-Ban: 'Best One For Now,' Says Expert

Qualcomm Inc. (NASDAQ:QCOM) is emerging as the dominant force in the rapidly expanding smart glasses market, powering designs for major players including Meta, Oakley, Ray-Ban, and Xiaomi.

Check out the stock price of QCOM over here.

What Happened: This strong position has led Ray Wang, Research Director for Semiconductors at Futurum Group, to declare Qualcomm the “biggest beneficiary” for AI/smart glasses, asserting that their technology is the “best one for now.”

This strategic focus on next-generation personal AI devices, coupled with robust third-quarter 2025 earnings, underscores Qualcomm’s successful diversification beyond traditional mobile chipsets.

I wrote a note somewhere else long before. $QCOM could be the biggest beneficiary of AI/smart glasses. This comment should give you glimpse of that.Of course, some firms might use their own SoC, but not every company would do that. Best one for now is still $QCOM. pic.twitter.com/08mQvkIUZl

— Ray Wang (@rwang07) July 31, 2025

While overall performance was strong, a key highlight from the earnings call transcript was the significant traction in the XR (Extended Reality) segment. Qualcomm’s Snapdragon platform is the preferred choice for smart glasses and mixed reality devices, boasting 19 ...