Qualcomm reported weak financial results for its fiscal Q2, primarily due to declining handset sales amid rising memory prices. Despite this, the company benefits from strong revenue streams in Automotive and IoT sectors, generating over $3 billion outside of handset sales. Qualcomm announced a $20 billion share buyback program and increased dividends, signaling strong capital returns and plans to retire over 10% of its shares. Trading at a low valuation of 13 times normalized FY27 earnings estimates, the stock is seen as undervalued with significant upside potential if AI-driven growth and market multiple expansion occur.
Qualcomm has been upgraded to a buy rating due to its strategic shift towards data centers and a growing automotive segment, which are expected to drive future revenue growth. The company aims to double its non-handset revenue to $40 billion by fisca...
A simple tap on a smartphone triggers a complex AI-driven process that spans from touch sensors to cloud computing, cybersecurity, automated warehouses, and last-mile delivery technologies. Key companies like Nvidia, Qualcomm, and Ambarella provide t...
The global industrial semiconductor market, valued at $98.35 billion in 2025, is projected to grow to $329.73 billion by 2035, with a CAGR of 12.86%. Growth is fueled by increasing adoption of AI-powered industrial automation, electric vehicles, smar...
