Qualcomm says it expects $4 billion in PC chip sales by 2029, as company gets traction beyond smartphones
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Qualcomm projects significant growth in its PC chip sales and IoT business by 2029, indicating successful diversification beyond smartphones.
November 19, 2024 | 10:00 pm
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Qualcomm expects its PC chip sales to reach $4 billion and its IoT business to grow to $22 billion by 2029, indicating successful diversification beyond smartphones.
Qualcomm's projection of $4 billion in PC chip sales and $22 billion in IoT sales by 2029 suggests strong growth potential and successful diversification efforts. This positive outlook is likely to boost investor confidence and positively impact the stock price in the short term.
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