Qualcomm: Riding The AI Wave
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Qualcomm is expanding its business beyond smartphones into automotive, IoT, and AI sectors. The company is seeing significant revenue growth in automotive and IoT, with a focus on on-device AI through specialized hardware. Qualcomm aims to lead in ADAS and self-driving markets.
January 17, 2025 | 7:00 am
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Qualcomm is diversifying into automotive, IoT, and AI, with strong revenue growth in these areas. The focus on on-device AI and leadership in ADAS and self-driving markets could drive future growth.
Qualcomm's diversification into high-growth areas like automotive and IoT, along with its focus on AI, positions it well for future revenue growth. The company's specialized hardware enhances its competitive edge in these markets.
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