Analyst Ming-Chi Kuo Says "Two New Growth Drivers For Qualcomm" - Medium
Portfolio Pulse from Benzinga Newsdesk
Analyst Ming-Chi Kuo highlights two new growth drivers for Qualcomm: the SM8750 (Snapdragon 8 Gen 4) and the X Elite and X Plus chips for Windows on ARM (WOA). The SM8750, set for mass production in 2H24, will be priced 25-30% higher than its predecessor due to advanced manufacturing technology. The X Elite and X Plus chips are expected to see significant shipment growth in 2024 and 2025. Qualcomm also plans to launch a low-cost WOA processor in 4Q25.
June 13, 2024 | 2:26 pm
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Qualcomm's new SM8750 chip, set for mass production in 2H24, will be priced 25-30% higher than its predecessor due to advanced manufacturing technology. The X Elite and X Plus chips for Windows on ARM are expected to see significant shipment growth in 2024 and 2025. Qualcomm also plans to launch a low-cost WOA processor in 4Q25.
The introduction of the higher-priced SM8750 chip and the expected significant growth in shipments for the X Elite and X Plus chips indicate strong revenue potential for Qualcomm. The launch of a low-cost WOA processor further diversifies their product lineup, likely boosting their market position.
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