Qualcomm is expanding beyond its handset business, driven by strong growth in Automotive and IoT segments, which have exceeded revenue expectations. Despite short-term challenges in the handset market due to DRAM shortages and Apple's exit, management expects a recovery by Q3 2026 and continued long-term growth. The company is also capitalizing on trends like AI processing in PCs to boost future growth. While geopolitical risks and customer vertical integration pose threats, diversification across segments supports potential multiple expansion if growth targets are met.
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...
