Qualcomm has been upgraded to a Buy rating as its smartphone business in China shows signs of recovery and AI diversification begins to drive growth. The company has secured a significant custom silicon deal with a major hyperscaler, with shipments expected in the December quarter and more details to be shared at Investor Day in June. Despite recent stock price drops, analysts believe Qualcomm's AI opportunities will fuel a strong rebound, marking a positive outlook for the company in the coming years.
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...
