Qualcomm is a rare AI chip value play
- 12 minutes ago
- 1 min read
WALL STREET JOURNAL — Qualcomm, though, has shrewdly diversified its business away from the phone market in recent years. Since Chief Executive Cristiano Amon took over in 2021, Qualcomm has pushed into new areas that are starting to come into their own, giving the company better chances of strong and stable sales growth.
The first leg of Amon’s strategy was automotive chips, where the company aimed to capitalize on connectivity and autonomous-driving features in cars.
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