Qualcomm's Nakul Duggal Says Every Automaker Is Going To Take The Same Exact Transformation
Portfolio Pulse from Benzinga Newsdesk
Qualcomm's Nakul Duggal has stated that every automaker will undergo the same transformation. This suggests that Qualcomm, a major player in the semiconductor industry, may see increased demand from the automotive sector.
October 19, 2023 | 3:31 pm
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Qualcomm may see increased demand from the automotive sector as it undergoes a transformation that will likely require advanced semiconductors.
As the automotive industry transforms, the demand for advanced semiconductors, like those produced by Qualcomm, is likely to increase. This could lead to increased revenues and a potential boost in stock price for Qualcomm.
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