Is the golden era over? Why Qualcomm is more than a smartphone supplier and is now truly taking off!
Qualcomm is much more than just smartphones! The transformation into an indispensable architect of the AI and 6G world is in full swing!
Qualcomm is focusing on robotics and autonomous driving, the next big billion-dollar markets of the future!
Reading Time: 2 minutes
According to analysts at Seaport Research, the outlook for Qualcomm (i)(QCOM) initially appears bleak. They expect a decline in smartphone sales of up to 15%, impacted by rising memory costs and intense competition with Apple, which can purchase memory more cheaply due to its market power. Additionally, pressure is growing from Samsung Electronics, which is increasingly developing its own processors and modems. Seaport rates the stock as a sell, with a price target of only $100. However, those who view Qualcomm solely as a smartphone supplier underestimate...
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