Qualcomm Doubles Its Revenue Forecast! Meta and Microsoft Become Major Clients for Dragonfly Chips!
Reading Time: 3 minutes
Strong forecast upgrade: Qualcomm doubles its revenue forecast for the non-smartphone business to 40 billion USD by fiscal year 2029 Attack on the data center: With the new Dragonfly platform, the company aims for more than 15 billion USD in revenue from AI infrastructure by 2029 Billion-dollar acquisition for software: Acquisition of Modular for 3.92 billion USD provides the counterpart to Nvidia's CUDA platform The semiconductor company Qualcomm (i)(QCOM) is using its investor day in New York for a fundamental strategic realignment....
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
