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Qualcomm (QCOM)
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Analysts continue to increase their holdings in Qualcomm (QCOM), optimistic about the strong growth of its non-handset businesses, such as automotive and data centers, and its substantial capital returns.
Qualcomm's automotive business revenue increased by 61% year-over-year. Management raised the annualized run rate target for the automotive business to approximately $7 billion by fiscal year 2026. CE
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Analysts continue to increase their holdings in Qualcomm (QCOM), optimistic about the strong growth of its non-handset businesses, such as automotive and data centers, and its substantial capital returns.
Qualcomm's automotive business revenue increased by 61% year-over-year. Management raised the annualized run rate target for the automotive business to approximately $7 billion by fiscal year 2026. CE
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Qualcomm (QCOM)
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