Qualcomm on the Rise! Record Revenues and Increased Profits Thanks to Its Snapdragon Chips!
Reading Time: 4 minutes
The chip manufacturer Qualcomm (QCOM) announced its business figures for the 1st quarter of 2025 on Wednesday, February 5, 2025, after the market closed, reporting results that significantly exceeded analysts' expectations in both revenue and profit. The company, known for its Snapdragon chips, provided very optimistic and strong forecasts for the current quarter, yet the stock price fell nearly 5% in after-hours trading. New revenue records achieved in almost all areas The San Diego-based chip producer was able to increase its revenue year-over-year...
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