Qualcomm's strategic acquisitions have enhanced its CPU, GPU, interconnect, and software capabilities, positioning the company as a future leader in AI beyond its traditional handset market. Management projects $40 billion in non-handset revenues by FY2029, growing at a 39.4% compound annual rate over four years, alongside adjusted earnings per share exceeding $18. Despite recent stock gains, Qualcomm remains attractively valued with a price-to-earnings ratio of 18.34 and a four-year PEG of 1.35. Potential risks include challenges in integrating acquisitions, delayed data center revenue, and handset market pressures, which could cause stock dips. Investors might consider buying on dips, supported by historical trading patterns.
The global graphene chip market, valued at $4.41 billion in 2025, is projected to grow to $19.78 billion by 2035 with a CAGR of 16.2%. This growth is fueled by rising demand for advanced nanoelectronics, AI computing, and faster communication technol...
Qualcomm is advancing AI technology by creating a new chip architecture called high bandwidth compute (HBC) that integrates AI accelerators directly beneath stacked LPDDR memory, significantly reducing data transfer delays and power consumption. This...
The American Century U.S. Quality Growth ETF (QGRO) and Quality Value ETF (VALQ) recently completed their index rebalances, adjusting stock weights to reflect market trends. Notable changes include increased weights for Apple, Qualcomm, and Cisco in ...
Qualcomm has doubled its 2029 non-handset revenue target to over $40 billion, signaling a strong shift toward becoming a major AI infrastructure platform. The company’s new Dragonfly CPUs, AI accelerators, and modular software aim to position Qualcom...
Qualcomm announced higher long-term revenue and earnings targets at its investor day, raising its fiscal 2029 non-handset revenue goal to $40 billion from $22 billion. This includes over $15 billion from data centers, $10 billion from automotive, and...
