Qualcomm expects $12 bln in revenue from autos, PC chips in five years
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Qualcomm projects $12 billion in revenue from automotive and PC chips by fiscal 2029, with $8 billion from automotive and $4 billion from PC chips, as announced at an investor event in New York.
November 19, 2024 | 10:00 pm
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Qualcomm projects significant revenue growth from automotive and PC chips, expecting $12 billion by fiscal 2029. This indicates a strategic focus on these sectors.
Qualcomm's projection of $12 billion in revenue from automotive and PC chips by 2029 suggests a strong growth trajectory in these sectors. The announcement at an investor event indicates strategic importance, likely boosting investor confidence and positively impacting the stock price in the short term.
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