Qualcomm's Accelerated Data Center and Automotive Growth

3 months ago

Host

"Qualcomm had a lot and I actually while I don't own the stock, they did have some pretty cool things. They mentioned the data center market, pulling revenue one year ahead because of their AI accelerators—originally expected in fiscal year 2028, now coming in 2027. Automotive revenue hit 1 billion quarterly for the first time. They are also significantly ahead of guidance in AI smart sales with long-term targets of $8 billion for automotive and $14 billion for IoT. In my opinion, long-term Qualcomm looks solid."

The speaker highlights Qualcomm's accelerated revenue timeline in the data center and automotive sectors, noting that the company is outperforming its original guidance and appears solid for long-term investors.

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