Strong Quarter with Strong Vision! Qualcomm Builds a Second Pillar with AI Chips!
Reading Time: 5 minutes
Qualcomm (i)(QCOM) presents a strong closing quarter and a growth-rich fiscal year. While the core business with Snapdragon chips continues to boom, the company is looking forward, with new AI accelerators, a multi-billion dollar partnership in Saudi Arabia, and ambitious goals in the data center market. The tech giant aims to lead nothing less than the next major transformation in the chip industry. The stock is down 2.5% pre-market to $175. Qualcomm - the all-rounder in the chip sector Qualcomm is one of the leading providers of mobile and...
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