Qualcomm gives better-than-expected revenue forecast as company pushes AI-powered smartphones
CNBC - 2024-05-01T20:02:33.000Z

Handset sales rose 1% year-over-year to $6.18 billion, signaling that the smartphone market may be recovering after a few years of...

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Qualcomm Stock Jumps as AI-Equipped Smartphones Drive Better-Than-Expected Outlook
Qualcomm shares jumped more than 4% in extended trading on Wednesday after the mobile phone chipmaker issued a better-than-expected current-quarter outlook amid growing demand for AI-equipped premium smartphones. Monitor this important chart level.
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- 2024-05-02T02:00:06.636Z
Qualcomm forecast beats estimates as AI revives smartphone market
Qualcomm on Wednesday forecast fiscal third-quarter sales and adjusted profit above Wall Street expectations, driven by a faster-than-expected recovery in smartphone markets thanks to artificial-intelligence features. The company has also branched out into selling chips for cars and devices such as headphones, which in the second quarter helped it beat Wall Street expectations. The company said its sales to Chinese smartphone makers have grown 40% in the first half of its fiscal year, a sign...
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- 2024-05-01T21:15:10.000Z
Qualcomm (QCOM) Gives Solid Forecast in Sign of Smartphone Recovery
Qualcomm Inc., the world’s biggest seller of smartphone processors, gave a solid forecast for the current period, suggesting that handset demand continues to recover.
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- 2024-05-01T20:03:10.734Z