The Motley Fool, founded in 1993, is a financial services company with a mission to make the world smarter, happier, and richer. It reaches millions of people monthly through premium investing solutions, market analysis on Fool. com, top-rated podcasts, and its non-profit organization, The Motley Fool Foundation. Additionally, it provides free guidance, though opinions may differ from its Premium Investing Services. To further achieve its goal, the company anticipates an increasing demand for on-device AI chips, which enable applications that require low latency, reliability, data security, and privacy. Among the potential surprise winners in this field, three companies stand out. Qualcomm, a leading smartphone chip designer, expects on-device AI to become a requirement in the coming years.

It collaborates with major AI models to enhance its Snapdragon smartphone chips' speed and power efficiency. MediaTek, Asia's largest chip-design house, is focusing on smartphones and AI chips, positioning itself as a competitor to Qualcomm. It has already secured partnerships and is introducing midrange smartphone chips designed for on-device generative AI. Apple, known for its commitment to data security and advanced smartphone processors, can benefit from the growing demand for on-device AI. The company's vertically integrated approach positions it to offer advanced AI technologies on its devices. Investors with a higher risk tolerance might consider these companies, while more risk-averse investors may explore other potential surprise AI winners.