Qualcomm Incorporated (QCOM)
In November 2024, Qualcomm outlined plans to diversify beyond smartphone processors, targeting $4 billion in annual revenue from its personal-computer business by 2029. This strategy aims to challenge industry leaders like Intel and AMD. The company also seeks to generate an additional $22 billion annually over five years by expanding into PCs, vehicles, and the Internet of Things (IoT). This diversification is crucial as Qualcomm anticipates a reduction in business from Apple, which is expected to transition to in-house modem chips for its iPhones.
In October 2024, Qualcomm introduced the Snapdragon 8 Elite, a new processor featuring the custom Oryon CPU cores. This release marks Qualcomm's first custom microarchitecture for smartphone SoCs since the original Kryo cores.
In October 2024, Qualcomm introduced the Snapdragon 8 Elite, a new processor featuring the custom Oryon CPU cores. This release marks Qualcomm's first custom microarchitecture for smartphone SoCs since the original Kryo cores.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.